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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, 13 November 14
MODERN DRY BULK SHIPS' PRICES START FIRMING UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
While the main story of the past few weeks has been the rebound of the dry bulk market, which has been a result of increased Chinese iron ore impor ...
Wednesday, 12 November 14
PANAMAX: WITNESSED A FAIRLY STABLE MARKET IN THE ATLANTIC
COALspot.com: Despite the fact that the Dry Bulk market noted another weekly increase, clouds of uncertainty returned mid-week onwards, as the mini ...
Wednesday, 12 November 14
SHIPPING MARKET INSIGHT - CHRISTOPHER T. WHITTY
COALspot.com: The fight continues between the low-cost iron ore producers and the big three: Vale, Rio Tinto and BHP Billiton. We are moving into a ...
Tuesday, 11 November 14
FACING CHALLENGES AND MEETING OPPORTUNITIES - INTERNATIONAL EPC CONFERENCE & EXHIBITION
Press Release: SKYCONNECTION and TRANSEVENT, which is fully supported by the Institution of Engineers Indonesia and Ministry of Industry of the Rep ...
Tuesday, 11 November 14
NEWCASTLE COAL SWAP CLOSED AT $ 52.65 FOR Q1' 15 DELIVERY
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery decreased US$ 2.83 (-5.10%) month over month and US$ 1.35 (-2.50%) week ove ...
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- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Planning Commission, India
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- Star Paper Mills Limited - India
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- The University of Queensland
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- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
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- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Australian Coal Association
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- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
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- Rio Tinto Coal - Australia
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- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
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- South Luzon Thermal Energy Corporation
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- Indonesian Coal Mining Association
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- Attock Cement Pakistan Limited
- Parliament of New Zealand
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- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
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