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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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Tuesday, 30 June 09
ARCELORMITTAL, RIO, 8 OTHERS VIE FOR COAL INDIA MINES
Coal India Ltd. short-listed ArcelorMittal, Rio Tinto Group and eight other companies to develop its abandoned mines to help ease a shortage of coal ...
Monday, 29 June 09
INDONESIA PLANS 20 PCT FOREIGN MINING SALE LAW
Indonesia plans to require foreign investors in mining firms to gradually divest shares starting from the fifth year of commercial production, but m ...
Monday, 29 June 09
CHINA ENJOYS STABLE COAL ECONOMY IN THE FIRST FIVE MONTHS OF 2009
In the first five months of the year, China's raw coal production had continued to rise, and coal market stayed in a balance in terms of supply-dem ...
Monday, 29 June 09
GOVERNMENT FINE TUNES MINING LAW
The government is planning to require all foreign-owned mining companies to divest 20 percent of their businesses to local entities after five years ...
Sunday, 28 June 09
INDIA CEMENTS TO INVEST RS 1,500 CR OVER 2 YEARS
Chennai-based India Cements is planning to invest around Rs 1,500 crore over the next two years for setting up a greenfield project in Rajasthan, po ...
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- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- The University of Queensland
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- ASAPP Information Group - India
- Petron Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Siam City Cement - Thailand
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