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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, 22 April 15
TANKER MARKET INSIGHT - STRATOS TINIAKOS
The current environment we experience as a result of low crude oil prices is characterized by the increased demand for petroleum products in OECD c ...
Tuesday, 21 April 15
SUB-BIT FOB INDONESIA COAL SWAP: GAINED W-O-W; DECLINED M-O-M
COALspot.com: Indonesian coal swap for delivery Q2 2015 gained week over week and declined month on month.
The Q2 swap was declined US$ 1.75 ( ...
Tuesday, 21 April 15
FOB RICHARDS BAY COAL SWAP MOVE UP SLIGHTLY
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q2' 2015 increased slightly month over month.
The Q2 swap has increased US$ 0.2 ...
Monday, 20 April 15
BUKIT ASAM TAKES OVER STAKE IN JV FROM RAJAWALI - JP
State-owned coal miner PT Bukit Asam (PTBA) announced Friday that it had taken over almost the entire stake in a joint venture (JV) that it created ...
Monday, 20 April 15
FOB NEWCASTLE COAL SWAP GAINED WEEK ON WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 3.54 per MT (-7.21%) month over month and gained US$ 0.30 week ...
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- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
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- Eastern Coal Council - USA
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- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
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- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
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- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
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- Karbindo Abesyapradhi - Indoneisa
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- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
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- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Marubeni Corporation - India
- White Energy Company Limited
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
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- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Planning Commission, India
- Deloitte Consulting - India
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
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- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- GMR Energy Limited - India
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- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
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