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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, 03 December 15
DRY BULK: THERMAL COAL LOWER USAGE UNDER A POTENTIAL NEW CLIMATE DEAL WILL ADVERSELY IMPACT THE MARKET'S RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In direct contrast to the tanker market, the dry bulk one has seen demand for key commodities, such a coal, dwindling down over the course of the p ...
Thursday, 03 December 15
PANAMAX BUSINESS REMAINED UNDER PRESSURE LAST WEEK
COALspot.com: Following the new record lows the Dry Bulk market witnessed the week prior, the BDI took a much needed breath during the past days.
...
Wednesday, 02 December 15
Q3' 16 FOB RICHARDS BAY COAL SWAP SLIGHTLY UP FOR THE THIRD STRAIGHT WEEK
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 up month over month and fell week over week.
The Q1’ 2016 &nbs ...
Wednesday, 02 December 15
MARKET INSIGHT - VASSILIS LOGOTHETIS
Boom and bust cycles in commodity prices are not something rare, yet they have important implications both for the world economy in general and for ...
Tuesday, 01 December 15
FOB NEWCASTLE COAL SWAP UP THIS PAST WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $3.75 per ton (9.26%) month over month to US$ 36.75 per ton. The swap ...
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- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- The University of Queensland
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Australian Coal Association
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Sical Logistics Limited - India
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