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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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Thursday, 07 April 16
PANAMAX RATES ARE FIRMING IN BOTH HEMISHEPHERES - FEARNLEYS
Capesize
With a great volume our of west Australia, rates were finally moving to upper 3's. and stabilizing towards the middle of the week in ...
Thursday, 07 April 16
BIMCO AND GIIGNL PUBLISH A GROUNDBREAKING VOYAGE CHARTER PARTY FOR LNG TRADE
BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party & ...
Wednesday, 06 April 16
HOW LONG SHIPPING CRISIS WILL BE; WHEN SHOULD OWNERS EXPECT THE BULK CARRIERS TO BECOME PROFITABLE? - INTERMODAL
It is the consensus that dry bulk shipping has been in a crisis for quite some time now. Bulk carrier values are at historical low levels, therefor ...
Tuesday, 05 April 16
DRY BULK REVISITS 1980S LOWS AND FACES UNCERTAIN LONGER TERM OUTLOOK - MSI | HELLENIC SHIPPING NEWS
With the market near bottom, attention is turning to the length of the downturn, the effect on asset values and the impact of broader demand side c ...
Monday, 04 April 16
THE LOADING, AND SUBSEQUENT DISCHARGE, OF UNSAFE NICKEL ORE - ALL TIME TO 'COUNT' - THE STANDARD CLUB
KNOWLEDGE TO ELEVATE
In a recent, published, London arbitration award the English tribunal has held that all time lost as a result of loading, ...
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- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Australian Coal Association
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- ASAPP Information Group - India
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Thiess Contractors Indonesia
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
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