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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, 29 July 15
Q4' 15 FOB RICHARDS BAY COAL SWAPS DECLINE 4.41% TO $56.52 PMT
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 declined month over month and week over week.
The Q3 swap was down US$ ...
Tuesday, 28 July 15
INDONESIA DELAYS PLAN TO RAISE COAL ROYALTIES AMID PLUNGING PRICE - JP
The government will postpone a plan to increase royalty payments from coal miners as they are already burdened with the commodity’s plunging ...
Tuesday, 28 July 15
API 5 FOB NEWCASTLE COAL SWAP LOST M-M AND GAINED W-W
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery down $ 1.15 per MT (-2.51%) month over month to US$ 44.62 per mt. The swap ...
Monday, 27 July 15
KOMIPO INVITES BIDS FOR TOTAL 545,000 MT OF COAL FOR BORYEONG POWER PLANT
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender to purchase total 545,000 Metric Tons (MT) of coal ...
Monday, 27 July 15
CFR SOUTH CHINA COAL SWAP WEAK M/M; FIRM W/W
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery declined US$ 0.92 (1.77%) per MT month over month.
A commodity swap ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Australian Coal Association
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- MS Steel International - UAE
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
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