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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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Thursday, 26 February 15
DRY BULK MARKET LOOKING FOR POSITIVE MOMENTUM, BUT PROSPECTS REMAIN DIM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As the Baltic Dry Index (BDI) inched a bit higher over the past couple of sessions and the Chinese are returning to the market after a week long hi ...
Wednesday, 25 February 15
PORT OF NEWCASTLE SHIPPED 13.16MT OF COAL IN JANUARY; DECLINED 16.70% FROM A MONTH AGO
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.15 billio ...
Wednesday, 25 February 15
BDI SLIPPING ONCE MORE TO FRESH HISTORICAL LOWS
COALspot.com: With the BDI slipping once more to fresh historical lows and the Chinese holidays underway, signs for a positive reversal in the Dry ...
Tuesday, 24 February 15
FOB INDONESIA COAL SWAP SET TO RALLY
COALspot.com: Indonesian coal swaps for delivery Q2' 2015 rose week over week and month on month.
The Q2 swap increased US$ 3.30 (+7.30%) ...
Tuesday, 24 February 15
Q3' FOB RICHARDS BAY COAL SWAP CLOSED $59.80 W/E 20 FEB
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 surge month over month and decline week on week.
The Q2 swap has soar ...
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- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
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