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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, 10 February 16
OWNERS APPEAR WILLING TO DISPOSE OF TONNAGE THE SOONEST IT HITS THE 10 YEAR MARK - TIMOS PAPADIMITRIOU
COALspot.com: The last two months of 2015 made a case for traditional shipowners to invest in the dry bulk sector, doing so though based purely on ...
Monday, 08 February 16
DRY-BULK SHIPPING DIVING DEEP
COALspot.com: The freight markets continued to fall this past week.
The Baltic Dry Index (BDI) of dry-bulk shipping freights, a measure of glo ...
Monday, 08 February 16
DRY BULK: SHIPBROKER SEES BDI MARKET REACHING LOW POINT OF 236 POINTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The endless pit that is the dry bulk market over the past two months, has been the issue of debate among ship owners, shipbroker and analysts alike ...
Friday, 05 February 16
COAL INDIA EYES COAL MINES IN SOUTH AFRICA - PTI
“Coal India Ltd has plans of acquiring coal mines in South Africa,” an official said. It is looking at acquiring mines in partnership w ...
Friday, 05 February 16
U.S. WEEKLY COAL OUTPUT ROSE 4.2% TO 13.6 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.6 million shor ...
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- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Australian Coal Association
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- The University of Queensland
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
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