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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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Saturday, 28 March 15
THE DRY BULK FLEET AT BREAKING POINT - CLARKSONS
The severe oversupply in the bulkcarrier fleet has contributed to the current trough in the dry bulk market, putting considerable financial pressur ...
Friday, 27 March 15
INDONESIA: NEW REGULATION REQUIRES LETTER OF CREDIT FOR EXPORT OF PRODUCTS FROM NATURAL RESOURCES
The Minister of Trade issued Ministerial Regulation No. 04/M-DAG/PER/1/2015 (“Regulation No. 4/2015”) on 5 January 2015. Regulati ...
Friday, 27 March 15
WEEKLY U.S COAL OUTPUT FALLS 1.7% W-W; 7.9% Y-Y
COALspot.com – United States the world's one of the largest coal producers, produced approximately totaled an estimated 18.2 million ...
Thursday, 26 March 15
CHINA IRON ORE IMPORT FOR THE FIRST 2 MONTHS DECLINED BY 1.2 % Y-O-Y; PANAMAX AUSSIE/CHINA ROUNDS BEING FIXED IN THE $4 -5K RANGE - FEARNLEYS
Handy
There has been more activity in both hemispheres this week. Especially the USG market has picked up with more cargoes for prompter dates en ...
Thursday, 26 March 15
RATES FOR THE SMALLER SIZE SEGMENT CONTINUED TO IMPROVE LAST WEEK - INTERMODAL
To see green across the board is a rare occurrence in the Dry Bulk market nowadays and while the upside in which last week closed off is not of the ...
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- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
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