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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, 23 November 14
ITALY'S STEAM COAL IMPORTS TO DROP BY 11% IN 2014 - ASSOCARBONI
COALspot.com: Italy’s steam coal imports expected to drop to 16 million tons in 2014 (-11% compared to 2013); coking coal imports to plunge t ...
Saturday, 22 November 14
THE FALL IN BUNKER PRICES REDUCE FUEL COSTS SIGNIFICANTLY - BIMCO, PETER SAND
For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as USD 1 million a year if current price level st ...
Saturday, 22 November 14
DRY BULKERS NEWBUILDING DELIVERIES REACHED 11.8 MILLION DWT DURING THIRD QUARTER, NET FLEET GROWTH FOR 2014 TO REACH 5% - HELLENIC SHIPPING NEWS
The dry bulk market has rebounded since its less than impressive performance since the start of the year, but overall, third quarter figures could ...
Friday, 21 November 14
BUMI ENTERS INTO CONDITIONAL SALE & PURCHASE AGREEMENT TO SELL FBS STAKE
COALspot.com: PT Bumi Resources Tbk, one of the Indonesia's largest coal producers confirms that it has executed a Conditional Sale and Purchas ...
Friday, 21 November 14
U.S LAST WEEK'S COAL PRODUCTION STAYS FLAT W-O-W
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.9 million short tons (mmst) of coal ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
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- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
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- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
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- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
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- Semirara Mining Corp, Philippines
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- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
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- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
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- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Planning Commission, India
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Australian Coal Association
- Bhushan Steel Limited - India
- Economic Council, Georgia
- The University of Queensland
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- VISA Power Limited - India
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