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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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Sunday, 21 June 15
SPOT RATE AVERAGES FOR FREIGHT FROM INDONESIA TO INDIA REMAIN STRONG THIS WEEK
COALspot.com: The freight market was quite firm this week compared to last week. The BDI was up 21% week on week and closed at 779 points. The cape ...
Friday, 19 June 15
U.S. WEEKLY COAL PRODUCTION UP SLIGHTLY COMPARED TO LAST WEEK; CONTINUES TO BE DOWN FROM LAST YEAR
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 15.4 million short ...
Friday, 19 June 15
INDONESIA'S COAL-TRAFFICKING PROBLEM REQUIRES IMPARTIAL INQUIRY - JAKARTA GLOBE
Indonesia, the leading supplier to the seaborne thermal coal market, produces 420 million tons of coal per year, according to its official tally.
...
Thursday, 18 June 15
DRY BULK SHIPPING: LOWEST FLEET GROWTH IN 10 YEARS MAY NOT PROVE ENOUGH AS DEMAND IS NOT KEEPING PACE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The demand side of things in the dry bulk market seems unable to keep pace with even the slightest fleet growth, a sign of the demise that the indu ...
Thursday, 18 June 15
THE FAR EAST HANDYSIZE, HANDYMAX, SUPRAMAX MARKET REMAINED STEADY LAST WEEK - INTERMODAL
COALspot.com: The Dry Bulk market closed off on Friday (last week) noting small gains on the back of stronger performance in the Panamax segment, w ...
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- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Petron Corporation, Philippines
- The University of Queensland
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Eastern Coal Council - USA
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