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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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Thursday, 30 July 09
PNOC FORGES JOINT VENTURES AS STEPS UP COAL OPERATIONS
The Philippine National Oil Co.-Exploration Corp. has entered joint venture agreements with food and beverage conglomerate San Miguel and Filipinas ...
Thursday, 30 July 09
NAMANE OF SOUTH AFRICA IN SUDAN COAL DEAL, BUSINESS REPORT SAYS
Namane of South Africa in Sudan Coal Deal, Business Report Says
Namane Resources Ltd. of South Africa signed a coal-supply agreement with the Nat ...
Wednesday, 29 July 09
RP COAL DEMAND TO SURGE BY 2014 - PHILIPPINES UPDATE
CEBU, Philippines - With the entry of new coal-fired power generation plants in the Philippines, the Department of Energy (DOE) projected an increas ...
Wednesday, 29 July 09
INDIA HUNGRY FOR OUR COKING COAL ASSETS
The Australian reported that, INDIA is about to embark on a program of rapid coal sector acquisitions in Australia as it looks to plug a huge annual ...
Tuesday, 28 July 09
SHENZHEN ENERGY INKS COAL PURCHASE CONTRACT WITH CHINA SHENHUA
China Knowledge reported that, Shenzhen Energy Group Co Ltd has signed a five-year contract with China Shenhua Energy Co Ltd, which is engaged in th ...
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- McConnell Dowell - Australia
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- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
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- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
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- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
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- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
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- Romanian Commodities Exchange
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- Goldman Sachs - Singapore
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- White Energy Company Limited
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- Ceylon Electricity Board - Sri Lanka
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- Petron Corporation, Philippines
- Indian Oil Corporation Limited
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- Commonwealth Bank - Australia
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- GVK Power & Infra Limited - India
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- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
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- Thiess Contractors Indonesia
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- IHS Mccloskey Coal Group - USA
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- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
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- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Australian Coal Association
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- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
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- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
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- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
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- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
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- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
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- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
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- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
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- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
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- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
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- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
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- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
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- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
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- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
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- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
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