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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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Monday, 26 October 15
CFR SOUTH CHINA COAL SWAPS CLOSE DOWN 4.3% AS DEMAND CONCERNS WEIGH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down just US$ 1.48 (3.02 %) per ton month over month.
A commodity sw ...
Sunday, 25 October 15
ANOTHER DISAPPOINTING WEEK FOR PANAMAX; INDEX FELL 5.4 PERCENT W-W
COALspot.com: The BDI was slightly up by 2.65 pct closing at 774 points mainly because of Cape index which was up by 10.85 pct closing at 1461 poin ...
Sunday, 25 October 15
DRY BULK SHIP OWNERS ARE LOOKING TO CHINA'S POLICIES FOR CUES ON FUTURE MARKET DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
China’s hard or softer landing is a thing which has troubled dry bulk shipping for a couple of years now, as owners have been hit by the coun ...
Friday, 23 October 15
WILL INDIAN DOMESTIC COAL PRICES BE ABLE TO COMPETE IMPORTED COAL PRICES IF THE CURRENT TREND CONTINUES?
COALspot.com: The Most of the Indian end-users are waiting for last minute purchase to enjoy every drop in price. Coal procurement managers are als ...
Friday, 23 October 15
COAL PRODUCTION IN THE U.S. FOR THE WEEK ENDING OCTOBER 17 DECLINED FOR THE SECOND STRAIGHT WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.6 million shor ...
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- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Planning Commission, India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Latin American Coal - Colombia
- Australian Coal Association
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