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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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Friday, 03 July 15
U.S DELIVERS WEAK FIRST HALF COAL PRODUCTION; 8.8% LOWER Y-O-Y
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 15.5 million short ...
Friday, 03 July 15
SHIPPING CONFIDENCE EQUALS SEVEN-YEAR LOW - MOORE STEPHENS
Overall confidence levels in the shipping industry fell during the three months to May 2015 to a level equal to the lowest rating recorded in the p ...
Thursday, 02 July 15
TECHNOLOGY AND INNOVATION IN MINING 2015 - IXG
Information Exchange Group’s Technology and Innovation in Mining 2015- International Summit on Mining
Press Release: The inaugural editi ...
Thursday, 02 July 15
THE PERFORMANCE OF THE CAPESIZE SEGMENT PUSHED DRY BULK MARKET TO UPWARD LAST WEEK
COALspot.com: The Dry Bulk market continued its upward movement last week, with the BDI closing off on Friday (26 June) in excess of 800 points, wh ...
Wednesday, 01 July 15
Q4'15 AND Q1'16 FOB RICHARDS BAY COAL SWAPS ROSE W-O-W AND M-O-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 rose month over month and down week over week.
The Q3 swap was up US$ ...
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- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- The University of Queensland
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- White Energy Company Limited
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
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