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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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Tuesday, 01 March 16
CAN BULKCARRIER SUPPLY CUTS RESTORE SOME BALANCE? - CLARKSONS
The easing in bulkcarrier deliveries and the accelerated pace of demolition in recent years has seen bulkcarrier fleet growth slow from a rapid 17% ...
Monday, 29 February 16
BALTIC INDEX INCHES UP THIS PAST WEEK AS SMALLER VESSELS LEND SUPPORT
COALspot.com: The freight markets rose slightly this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of global ...
Monday, 29 February 16
LOSS OF EARNINGS IN THE WAKE OF A COLLISION - GARD
KNOWLEDGE TO ELEVATE
A shipowner’s loss of earnings can form a significant part of a collision claim. Awareness of the ways of calculati ...
Friday, 26 February 16
U.S WEEKLY COAL PRODUCTION UP SLIGHTLY
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.4 million shor ...
Thursday, 25 February 16
DRY BULKERS ARE SCRAPPED AT RECORD PACE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The newbuilding market is at a lull these days, as ship owners are focusing on two fronts, getting rid of excess dry bulk tonnage and snapping up b ...
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- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Australian Coal Association
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Economic Council, Georgia
- PTC India Limited - India
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
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