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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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Wednesday, 01 April 09
COAL FIRMS' PROFITS NOT EXPECTED TO GROW IN '09 - - THE JAKARTA POST (ANALYSTS)
Despite their windfall profits in 2008, analysts doubt that PT Bumi Resources Tbk or any other coal firms will post profit growth this year, with pr ...
Tuesday, 31 March 09
DEUTSCHE BANK TO ADD COAL, GAS, SHIPPING IN COMMODITY EXPANSION - BLOOMBERG
Deutsche Bank AG, after quadrupling revenue from commodities in two years, plans to add coal, European natural-gas and shipping to its business, ant ...
Monday, 30 March 09
CHINA SHENHUA SAYS AGREES DOMESTIC COAL DEALS - REUTERS
Chinese coal mining giant China Shenhua Energy Co has agreed long-term contracts with some Chinese power producers, its President Ling Wen said on M ...
Sunday, 29 March 09
SHENHUA ENERGY 2008 NET RISES 29% TO RECORD ON PRICES - BLOOMBERG
China Shenhua Energy Co Ltd., the nation’s biggest coal producer, said profit rose 29 percent to a record in 2008 after it increased productio ...
Friday, 27 March 09
SOUTH AFRICAN COAL EXPORTS EXPECTED TO RISE IN 2009, BUT RAIL WILL DETERMINE BY HOW MUCH - MININGWEEKLY
South Africa has an expanding coal-export terminal, but an uncertain rail capacity.
The mismatch is something South Africa cannot afford, given i ...
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- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
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- Price Waterhouse Coopers - Russia
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- Minerals Council of Australia
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- Leighton Contractors Pty Ltd - Australia
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- Global Business Power Corporation, Philippines
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- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
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- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
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- Interocean Group of Companies - India
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- GVK Power & Infra Limited - India
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- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Australian Coal Association
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
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- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
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- Sindya Power Generating Company Private Ltd
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- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
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- Agrawal Coal Company - India
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- Eastern Energy - Thailand
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- Petron Corporation, Philippines
- Medco Energi Mining Internasional
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- Bukit Baiduri Energy - Indonesia
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- Indogreen Group - Indonesia
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- Pendopo Energi Batubara - Indonesia
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- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
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- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Thiess Contractors Indonesia
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- Metalloyd Limited - United Kingdom
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- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
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- Kartika Selabumi Mining - Indonesia
- The University of Queensland
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- Kumho Petrochemical, South Korea
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- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
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- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
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