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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, 05 April 15
FREIGHT RATES UNDER PRESSURE WEEK OVER WEEK
COALspot.com: The Indices fell on all segments and the market seemed to soften this week.
The BDI was almost lost 1.34% week over week and clo ...
Saturday, 04 April 15
BORYEONG POWER OF KOMIPO TO BUY TOTALED 695K MT OF HIGH AND LCV COAL
COALspot.com - Korea Midland Power Co. Ltd. (KOMIPO) is inviting bids from coal producers, marketing companies, or traders to supply of 500000 Metr ...
Friday, 03 April 15
U.S WEEKLY COAL PRODUCTION STAYS FLAT
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 18.3 million short ...
Friday, 03 April 15
TOBA BARA'S PANDU SJAHRIR ELECTED AS NEW CHAIRMAN OF THE INDONESIAN COAL MINING ASSOCIATION
COALspot.com: Pandu Sjahrir, the Vice President Director & CFO of the Jakarta-listed PT Toba Bara Sejahtra — a subsidiary of PT Toba Seja ...
Thursday, 02 April 15
GOVERNMENT MUST WORK WITH MINING, NOT AGAINST IT - PANDU SJAHRIR
The Coal Face: The coal price has hit its lowest point in recent memory
My father used to say to me that his children are his biggest inv ...
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- Cement Manufacturers Association - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- White Energy Company Limited
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
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