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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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Tuesday, 03 March 15
INDIAN THERMAL COAL IMPORTS: STEAMING FORWARD - CLARKSONS
Coal-fired power stations comprise around 60% of India’s power output, and with domestic supply issues and favourable international coal pric ...
Tuesday, 03 March 15
Q4' FOB INDONESIA COAL SWAP CLOSED 2% LOWER COMPARED TO Q2 CLOSING PRICE OF $ 47.47
COALspot.com: Indonesian coal swaps for delivery Q2' 2015 rose month on month and declined week over week.
The Q2 swap increased US$ 2.24 ...
Tuesday, 03 March 15
FOB RICHARDS BAY COAL SWAPS: Q2 UP 9.60%; Q3 UP 9.75% W-O-W
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 surge month over month and week on week.
The Q2 swap has soared US$ 5 ...
Monday, 02 March 15
CFR SOUTH CHINA COAL SWAP FOR Q2 DELIVERY REACHED $ 57.50 PMT W/E 27 FEB 2015
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery rose US$ 1.37 (+2.44%) per MT month over month and declined US$ 0.42 ...
Monday, 02 March 15
BORYEONG POWER PLANT OF KOMIPO TO IMPORT 140K OF SUB-BITUMINOUS COAL FOR Q2
COALspot.com - Korea Midland Power Co. Ltd. (KOMIPO) is inviting bids from coal producers, marketing companies, or traders to supply of 140,000 (70 ...
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- Ceylon Electricity Board - Sri Lanka
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- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
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- Indika Energy - Indonesia
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- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Planning Commission, India
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- Ministry of Finance - Indonesia
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- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
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- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
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- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
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- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
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- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
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- Gujarat Electricity Regulatory Commission - India
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- Bhushan Steel Limited - India
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- Central Electricity Authority - India
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- Renaissance Capital - South Africa
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- White Energy Company Limited
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
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- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
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- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
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- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
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- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
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- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
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- Goldman Sachs - Singapore
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- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
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- GMR Energy Limited - India
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- The University of Queensland
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- Australian Commodity Traders Exchange
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- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Holcim Trading Pte Ltd - Singapore
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- Antam Resourcindo - Indonesia
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- Australian Coal Association
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- Ministry of Mines - Canada
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- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
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- Toyota Tsusho Corporation, Japan
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- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
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- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
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- Chamber of Mines of South Africa
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- Barasentosa Lestari - Indonesia
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- Heidelberg Cement - Germany
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
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- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
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- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
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