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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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Wednesday, 19 November 14
SHIPPING MARKET INSIGHT - BY KATERINA RESTIS
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- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
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- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
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- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Singapore Mercantile Exchange
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Posco Energy - South Korea
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- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
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- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
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- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- ASAPP Information Group - India
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- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
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- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Kepco SPC Power Corporation, Philippines
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- Thai Mozambique Logistica
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- Kohat Cement Company Ltd. - Pakistan
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- Planning Commission, India
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- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
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- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
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- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
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- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
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- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
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- Indian Energy Exchange, India
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- GAC Shipping (India) Pvt Ltd
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- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
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- Chamber of Mines of South Africa
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- Dalmia Cement Bharat India
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