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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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Monday, 16 March 15
MAKING THE WORLD GO ROUND - SEABORNE TRADE! - CLARKSONS
Money, or even love if you prefer, are claimed to make the world go round. For the shipping world, however, it’s trade that sets things spinn ...
Monday, 16 March 15
API 5 FOB NEWCASTLE COAL SWAPS: DECLINED
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 2.48 per MT (-4.77%) month over month and US$ 0.93 (-1.84%) we ...
Monday, 16 March 15
CFR SOUTH CHINA THERMAL COAL SWAP DECLINED 3.74% M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 2.17 (-3.74%) per MT month over month and US$ 0.67 (-1 ...
Sunday, 15 March 15
BDI DECLINED LESSER THAN 1% WEEK OVER WEEK; INDO-INDIA FIRM
COALspot.com: The most of indices, including bulk dry index were falling this week. The BDI has been down by just 0.53 points and closing at 562 po ...
Saturday, 14 March 15
CAPESIZE DRY BULKERS TO AVERAGE BETWEEN $3,000 AND $9,000/DAY IN THE COMING WEEKS SAYS BIMCO
BIMCO issued its latest short-term estimates for the dry bulk market. For March/May: BIMCO assesses that the Capesize time charter (T/C) average ra ...
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- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Planning Commission, India
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
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