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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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Tuesday, 07 October 14
API 8 CFR SOUTH CHINA COAL SWAP HEADED SOUTH
COALspot.com: API 8 CFR South China Coal swap for delivery in November 2014 decreased US$ 1.10 (-1.64%) month over month and US$ 0.25 (-0.38%) ...
Monday, 06 October 14
' COAL-BY-WIRE' FROM SUMATRA TO JAVA - THE JAKARTA POST
Coal from the island of Sumatra accounts for most of Indonesia’s low-grade lignite, a low-quality coal that receives a poor price in internat ...
Monday, 06 October 14
THE IRON ORE SHIPPING BUSINESS IS FACING SOME ROUGH SEAS - EAST ASIA FORUM
The impact of Chinese demand on global iron ore prices is well known. A less acknowledged consequence of China’s emergence is the transformat ...
Sunday, 05 October 14
BALTIC DRY INDEX SLIPS 1.14%; BALTIC PANAMAX INDEX GAINED 9.91% WEEK ON WEEK
COALspot.com: The BDI was down by 1.14 pct and closed at 1037 points this Friday.
The Cape index was down significantly week on week or lost 5 ...
Friday, 03 October 14
U.S. WEEKLY COAL PRODUCTION UP 5.8% TO 19.9 MMST
COALspot.com – United States the world's one of largest coal producers, produced approximately 19.9 million short tons (mmst) of co ...
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- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
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- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
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- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
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- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
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- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
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- Deloitte Consulting - India
- New Zealand Coal & Carbon
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- MS Steel International - UAE
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- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- The Treasury - Australian Government
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- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Economic Council, Georgia
- Standard Chartered Bank - UAE
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- Ministry of Transport, Egypt
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- India Bulls Power Limited - India
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- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
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- Australian Coal Association
- Metalloyd Limited - United Kingdom
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- European Bulk Services B.V. - Netherlands
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- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
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- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
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- Wilmar Investment Holdings
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- Coal and Oil Company - UAE
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