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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, 08 May 15
COAL PRODUCTION IN U.S. UP 3.2% THIS PAST WEEK - EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 17.4 million short ...
Wednesday, 06 May 15
COMBINATION OF HOLIDAYS AND A SHAKY MARKET PUT ADDITIONAL PRESSURE ON RATES
COALspot.com: The combination of holidays and a shaky market is always a recipe for additional pressure on rates and last week was no exception. Wi ...
Wednesday, 06 May 15
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
The first four months of 2015 are now behind us and they make up for a decent amount of time to look back and assess how the year is evolving so fa ...
Tuesday, 05 May 15
MIFA BERSAUDARA UNIT OF ABM INVESTAMA STARTS OPERATING $200M COAL MINE IN ACEH
Reswara Minergi Hartama, a coal mining unit of coal miner ABM Investama known as known as Reswara, inaugurated a $200 million integrated coal minin ...
Tuesday, 05 May 15
FREIGHT DERIVATIVE VOLUMES REACHED TOTALED 14,154 CONTRACTS IN APRIL - SGX
COALspot.com: “Our unique suite of freight and bulk commodity products provides market participants with a wide range of trading strategies a ...
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- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Planning Commission, India
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Australian Coal Association
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Anglo American - United Kingdom
- The University of Queensland
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
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