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Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
 Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured, the head of the project’s coordinating team, Yoga Pratomo, said on Sunday, with domestic coal suppliers guaranteeing 95 percent of needs.
“Only 5 percent is still in the tender process and it will be finished soon,” he said during a media tour of the Labuan steam power plant, one of the plants in the fast-track program.
The program aims to increase the country’s electricity-generating capacity by 10,000Mw. Capacity is now well below demand, resulting in frequent rolling blackouts across the country.
Yoga said the supply contracts would last for 20 years.
He said the program, which is projected to be completed by 2013, required at least 30 million tons of coal a year.
The required coal was low in calories and cost $ 40 to 55 a ton.
“With such relatively low-priced coals, the cost of electricity production can be cheap,” Yoga said.
“I predict when the entire 10,000Mw fast-track program is finished there will be a saving of Rp 100 billion ($ 11.1 million) per day, or Rp 35 trillion per year, in electricity usage.”
Yoga said 50 percent of the coal supply needed for the project, or 15 million tons a year, would be supplied by local miner Arutmin, with the rest being supplied by Bara Mutiara Prima, Titan Mining Indonesia and Hanson Energi.
“So all of the coal needed for the project will be from domestic suppliers,” he added.
Yoga said that by the end of this year, 2,000Mw more power will be provided, with a further 4,300Mw coming on stream next year.
Last November the government asked domestic coal producers to set aside 30 percent of their output for 2010 for the fast- track program.
The Energy Ministry predicted that domestic demand for coal this year would be 65 million tons, of which 85 percent would be needed to run power plants throughout the country.
The government is limiting coal exports to 150 million tons this year to ensure supply during the upgrade.
The ministry predicted that production for this year would total 230 million tons.
Source: Antara / The Jakarta Globe
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Monday, 10 August 09
POLICY HURDLES DELAY NALCO'S U$$ 4.166 BILLION OVERSEAS PROJECTS
National Aluminium Company Ltd's (NALCO) greenfield projects in overseas markets like Indonesia and Iran are in limbo because of political
...
Monday, 10 August 09
SAIL, TATA STEEL TO REDUCE COAL IMPORTS BY PARADIP PORT
World Shipping News reported that, Steel Authority of India Ltd (SAIL) and Tata Steel have scaled down coal imports through Paradip Port, hit by pre ...
Monday, 10 August 09
NTPC LIKELY TO SET UP POWER PLANTS IN NIGERIA AND SRILANKA
Economic time reported that, National Thermal Power Corporation Limited (NTPC), country's largest power utility, is likely to set up power plants i ...
Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to do ...
Sunday, 09 August 09
TNEB ENNORE PORT CALLS TO TRIPLE COAL OUTPUT
World Shipping News reported that, the Tamil Nadu Electricity Board (TNEB) has asked Ennore Port Ltd (EPL) to increase the port’s installed ca ...
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- Mintek Dendrill Indonesia
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- San Jose City I Power Corp, Philippines
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- The Treasury - Australian Government
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- Carbofer General Trading SA - India
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- India Bulls Power Limited - India
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- Semirara Mining Corp, Philippines
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- Trasteel International SA, Italy
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- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
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- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
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- Romanian Commodities Exchange
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- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- The University of Queensland
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
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- Chamber of Mines of South Africa
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- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
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- Anglo American - United Kingdom
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- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Ministry of Mines - Canada
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- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
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- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Indonesian Coal Mining Association
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- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Parliament of New Zealand
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- Wilmar Investment Holdings
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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