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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, 01 July 15
BEIJING HAS OFFICIALLY EXTENDED BY TWO YEARS ITS SUBSIDY PROGRAM TO SUPPORT LOCAL SHIPPING COMPANIES IN SCRAPPING THEIR OLD TONNAGE - INTERMODAL
Last week, Beijing has officially extended by two years its subsidy program to support local shipping companies in scrapping their old tonnage in w ...
Tuesday, 30 June 15
Q1'16 FOB INDONESIA COAL SWAP CLOSED $ 43.45 PER MT
COALspot.com: Indonesian coal swap for delivery Q3 2015 declined month on month and flat week over week, this past week.
The Q3 swap was decli ...
Monday, 29 June 15
CFR SOUTH CHINA COAL SWAPS UP SLIGHTLY MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery rose US$ 0.57 (1.11%) per MT month over month.
A commodity swap is a ...
Monday, 29 June 15
FOB NEWCASTLE COAL SWAP SLIGHTLY UP MONTH OVER MONTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery up $ 0.49 per MT (1.08%) month over month to US$ 45.77 per mt. The swap was ...
Saturday, 27 June 15
THE FREIGHT MARKET WAS STEADY EARLIER IN THE WEEK; SOFTEN INTO WEEK'S END
COALspot.com: The freight market remain steady earlier in the week, but towards end of the week BDI and BCI shows some signs of softening.
The ...
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- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Australian Coal Association
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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