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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, 19 August 15
FOB INDONESIA COAL SWAPS CONTINUE FLAT TREND LINE THIS WEEK
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and flat week over week, this past week.
The 4Q swap was decli ...
Tuesday, 18 August 15
DRY BULK: MARKETS HAVE CONTINUED TO BE SEVERELY CHALLENGED - CLARKSONS
The dry bulk markets have continued to be severely challenged with freight rates falling during the period to below operating expense. The Baltic D ...
Tuesday, 18 August 15
1Q'16 FOB RICHARDS BAY COAL SWAP FALLS BELOW $54 A TON
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.
The 4Q swap was down US$ ...
Tuesday, 18 August 15
2Q' 16 FOB NEWCASTLE COAL SWAP CLOSED AT $43 PER MT W/E 14 AUGUST
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.08 per MT (-2.46%) month over month to US$ 42.82 per mt. The swap ...
Monday, 17 August 15
TROUBLED DRY BULK MARKET FACES TURMOIL AS CHINESE COAL IMPORTS REMAIN WEAK - BIMCO
The demand for coal in China continues to diminish. So much in fact that India is expected to succeed China as the world’s largest imp ...
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- Minerals Council of Australia
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
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- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Marubeni Corporation - India
- MS Steel International - UAE
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- The University of Queensland
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
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