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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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Monday, 16 March 09
COAL MINER BUKIT ASAM RECORDS 135% GAIN IN NET PROFIT FOR 2008 - THE JAKARTA GLOBE
Indonesia's state-owned coal miner PT Tambang Batubara Bukit Asam Tbk said its net profit jumped 135 percent last year, having sold more coal at hi ...
Saturday, 14 March 09
NATIONAL ALUMINIUM TO IMPORT COAL NEXT MONTH TO EASE SHORTAGE - BLOOMBERG
Bloomberg reported that, National Aluminium Co., India’s biggest alumina maker, plans to import as much as 150,000 metric tons of coal next mo ...
Friday, 13 March 09
VIETNAM APPROVES TWO COAL-FIRED POWER PLANTS TO MEET DEMAND -THANHNIENNEWS
Thanhnien News reported that, The government has approved a proposal to build two 2,400-megawatt coal-fired power plants in the provinces of Nam Din ...
Friday, 13 March 09
INDONESIAN STATE-RUN COMPANIES PROFIT MAY FALL 10% THIS YEAR -THANHNIENNEWS
Tanhnien news reported that, Indonesian state-run companies’ profits may fall about 10 percent this year as commodity prices decline, cutting ...
Thursday, 12 March 09
INDONESIA'S CIREBON ELEC IN TALKS ON COAL SUPPLIES - REUTERS
Reuters reported that, Indonesia's PT Cirebon Electric Power, an independent power producer, is in talks with a number of coal suppliers to seek a ...
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- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
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