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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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Saturday, 23 May 09
THE SPOT SUPRAMAX CONTINUED TO BE FIRM - VISTAAR SINGAPORE
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore, said, the beginning of the week continued ...
Saturday, 23 May 09
INDONESIA'S COAL OUTPUT SLUMPS IN Q1 ON LOWER PRICES, FALLING DEMAND - THE JAKARTA GLOBE
Falling international coal prices, bad weather and other problems cut first-quarter coal output by 50 percent to 30 million tons against an initial ...
Saturday, 23 May 09
INDIAN GOVT PLANS TO BUILD FIVE COAL-BASED POWER PLANTS AT $3.5B TO END CRISIS - THE FINANCIAL EXPRESS
The government has started working on a plan to set up five coal-based power plants with combined capacity of 2,500 mega watt to solve the country' ...
Saturday, 23 May 09
INTERNATIONAL COAL VENTURES PVT LTD FORMED - INDIA SERVER
National Thermal Power Corporation Limited (NTPC Ltd), the largest thermal power generating company of India, has entered into a joint venture with ...
Friday, 22 May 09
CHURCHILL DOUBLES INDONESIAN COAL PROJECT RESOURCE ESTIMATE - STEEL GURU
Mining Weekly quoted Churchill Mining as saying that the resource at its East Kutai coal project in Indonesia has more than doubled to 3.18 billion ...
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- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- McConnell Dowell - Australia
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- VISA Power Limited - India
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
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