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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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Friday, 19 June 09
COAL FORUM TO MEET IN BALI NEXT WEEK
Bali will host next week a Southeast Asian forum on coal, involving coal producers, consumers and government representatives.
The Indonesian Ener ...
Friday, 19 June 09
KARNATAKA POWER CORP BEGINS BLENDING INDONESIAN COAL
BL reported that the State Government owned power utility Karnataka Power Corporation Limited has begun blending imported Indonesian coal for its th ...
Thursday, 18 June 09
COAL MINING HALTS AFTER DEADLY BLAST - (UPDATE 2)
All mining activists in Sawahlunto, West Sumatra, are at a standstill after a major underground explosion killed at least 31 miners and buried 12 ot ...
Thursday, 18 June 09
INDIA'S HINDALCO CLOSE TO BUYING AUSTRALIA COAL MINE
India's largest aluminium maker Hindalco Industries is close to acquiring a coal mine in Australia, for about $70-$80 million, The Economic Times r ...
Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES
* Coal imports and prices fall as steel industry slumps
* Coal industry grapples with carbon polluter image
German imports of hard coal are like ...
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- Independent Power Producers Association of India
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- TNB Fuel Sdn Bhd - Malaysia
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- McConnell Dowell - Australia
- Deloitte Consulting - India
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- PowerSource Philippines DevCo
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- Samtan Co., Ltd - South Korea
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- Ind-Barath Power Infra Limited - India
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- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
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- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Holcim Trading Pte Ltd - Singapore
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- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Posco Energy - South Korea
- London Commodity Brokers - England
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- Karbindo Abesyapradhi - Indoneisa
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- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
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- Wood Mackenzie - Singapore
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- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
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- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
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- Marubeni Corporation - India
- MS Steel International - UAE
- Xindia Steels Limited - India
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- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
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- Indian Oil Corporation Limited
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- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
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- Economic Council, Georgia
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- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
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- Renaissance Capital - South Africa
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- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
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- Alfred C Toepfer International GmbH - Germany
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- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
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- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
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- GAC Shipping (India) Pvt Ltd
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- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
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- Orica Mining Services - Indonesia
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
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- Ceylon Electricity Board - Sri Lanka
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- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Parliament of New Zealand
- PTC India Limited - India
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- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Romanian Commodities Exchange
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- White Energy Company Limited
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