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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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Friday, 14 November 14
U.S. WEEKLY COAL OUTPUT SLIPS SLIGHTLY WEEK ENDING NOVEMBER 08
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.9 million short tons (mmst) of coal ...
Friday, 14 November 14
MORE NATURAL GAS FROM RUSSIA TO HELP STABILISE CHINA PRICES - FITCH RATINGS
COALspot.com: Fitch Ratings has said possible additional natural gas supplies from Russia's OAO Gazprom to China via the Altai pipeline would h ...
Thursday, 13 November 14
SLOWER AND LOWER HAS BEEN THE TREND OF THE PANAMAX IN BOTH HEMISPHERES - FEARNLEYS
Handy
We are experiencing an oversupply of tonnage in the Atlantic which is out numbering the amount of cargoes, Fearnleys broker says in its lat ...
Thursday, 13 November 14
DRY BULK MARKET'S REBOUND HINGES ON IRON ORE OVERSUPPLY ISSUES MOVING FORWARD - HELLENIC SHIPPING NEWS
“One man’s benefit, is another man’s demise” is a phrase which can be used to describe today’s situation in the dry b ...
Thursday, 13 November 14
COAL MINISTER WANTS INDIA TO STOP COAL IMPORTS IN TWO OR THREE YEARS
COALspot.com: India to ramp up coal production to a billion tonnes by 2019 from its current level of 490 million tones. According to Power and Coal ...
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- Renaissance Capital - South Africa
- Economic Council, Georgia
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Parliament of New Zealand
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- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Planning Commission, India
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
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