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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, 13 July 15
THE DRY BULK MARKET CLOSED ON A POSITIVE TONE THIS PAST WEEK
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Sunday, 12 July 15
SHIPYARD NOT LIABLE FOR ENGINE ROOM FIRE CAUSED BY OIL LEAKAGE - BIRCH WINDAHL
KNOWLEDGE TO ELEVATE
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Saturday, 11 July 15
MAJOR IRANIAN GAS EXPORTS WILL TAKE AT LEAST FIVE YEARS - FITCH
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Friday, 10 July 15
DRY BULK MARKET KEEPS POSITIVE MOMENTUM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its positive momentum over the course of the past few days, thanks to Panamax gains. During yesterday’s session ...
Friday, 10 July 15
U.S PRODUCED APPROXIMATELY TOTALED AN ESTIMATED 14.1 MMST WEEK OVER WEEK - EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 14.1 million short ...
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- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
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- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
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- Borneo Indobara - Indonesia
- White Energy Company Limited
- IEA Clean Coal Centre - UK
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- Indonesian Coal Mining Association
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- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
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- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
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- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Parliament of New Zealand
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- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
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- Australian Coal Association
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- Marubeni Corporation - India
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- Georgia Ports Authority, United States
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- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
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- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
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- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
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- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
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- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
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- Tamil Nadu electricity Board
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- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
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- Electricity Authority, New Zealand
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
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- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
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- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
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