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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, 06 March 09
CHURCHILL STARTS REVERSE DRILLING AT INDONESIAN COAL PROJECT
Miningweekly reported that, Aim-listed minerals explorer Churchill Mining on Thursday stated that reverse drilling at its East Kutai coal project (E ...
Thursday, 05 March 09
UAE FUND PLANS INDONESIA COAL RAIL LINK
News.alibaba reported that, A United Arab Emirates' fund signed a memorandum of understanding on Monday (2 March 2009) with an Indonesian prov ...
Thursday, 05 March 09
CHINA COAL-PRICES LITTLE CHANGED DESPITE PLUNGE ABROAD
China's spot coal prices were little changed from a week earlier, despite the sharp fall in the international market, and demand for coal remains s ...
Thursday, 05 March 09
RAK TO BUILD COAL FIRED POWER STATION
The National Ras al Khaimah, which is developing a coal mine in Indonesia, will build a coal-fired power plant in the emirate in the next two years ...
Wednesday, 04 March 09
COAL: GLOBAL DEMAND WEAKENS
The Jakarta Post reported that, While coal prices were stickier on the way down compared to other commodities like oil, the Newcastle price now sugg ...
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- Leighton Contractors Pty Ltd - Australia
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- Bukit Asam (Persero) Tbk - Indonesia
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- Siam City Cement - Thailand
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- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
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- Directorate Of Revenue Intelligence - India
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- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
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- White Energy Company Limited
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- Tata Chemicals Ltd - India
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- Africa Commodities Group - South Africa
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- Holcim Trading Pte Ltd - Singapore
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- New Zealand Coal & Carbon
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- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
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- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
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- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
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- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
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- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Minerals Council of Australia
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- Global Green Power PLC Corporation, Philippines
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- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
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- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
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- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
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- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- PTC India Limited - India
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
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- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
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- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
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- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
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