COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 09 September 14
WEAK M&A DESPITE ABUNDANT DISTRESSED INDONESIA COAL ASSETS - FITCH RATINGS
COALspot.com: Fitch Ratings says that a meaningful level of merger and acquisition (M&A) activity leading to a consolidation of the coal sector ...


Tuesday, 09 September 14
PORT OF NEWCASTLE SHIPPED 13.207 MTN OF COAL IN AUGUST; TRADE VALUE AROUND $1.17 BILLION
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.17 billio ...


Monday, 08 September 14
SUB-BIT FOB INDONESIA COAL SWAP UNDERPERFORMED LAST WEEK
COALspot.com: Indonesian coal swaps for average October 2014 decreased US$ 0.20 (-0.39%) day on day and US$ 1.60 (-3.04%) per mt week on week. The ...


Monday, 08 September 14
API 8 CFR SOUTH CHINA COAL SWAP FOR DELIVERY JAN'15 CLOSED AT US$ 66.30 PMT W/E 5 SEPTEMBER 2014; LOST 5.15% M-O-M
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 0.15 (-0.23%) day on day and US$ 2.05 (-3.04%) week on wee ...


Monday, 08 September 14
CHINESE IRON ORE IMPORT DEMAND VERY STRONG - COMMODORE
COALspot.com: 30 dry bulk vessels were chartered in the spot iron ore market last week to haul iron ore import cargoes to Chinese buyers. Acco ...


   698 699 700 701 702   
Showing 3496 to 3500 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Interocean Group of Companies - India
  • BRS Brokers - Singapore
  • GHCL Limited - India
  • Lanco Infratech Ltd - India
  • Kobe Steel Ltd - Japan
  • Thriveni
  • bp singapore
  • Kumho Petrochemical, South Korea
  • GNFC Limited - India
  • UOB Asia (HK) Ltd
  • Barasentosa Lestari - Indonesia
  • TNPL - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • NALCO India
  • IEA Clean Coal Centre - UK
  • Mercuria Energy - Indonesia
  • Siam City Cement PLC, Thailand
  • KPCL - India
  • Indian School of Mines
  • Siam City Cement - Thailand
  • Sarangani Energy Corporation, Philippines
  • PNOC Exploration Corporation - Philippines
  • PLN - Indonesia
  • Cargill India Pvt Ltd
  • ACC Limited - India
  • Parliament of New Zealand
  • Toyota Tsusho Corporation, Japan
  • Rudhra Energy - India
  • Russian Coal LLC
  • Platts
  • Krishnapatnam Port Company Ltd. - India
  • Aditya Birla Group - India
  • IOL Indonesia
  • Madhucon Powers Ltd - India
  • Infraline Energy - India
  • Port Waratah Coal Services - Australia
  • Goldman Sachs - Singapore
  • Mitra SK Pvt Ltd - India
  • SN Aboitiz Power Inc, Philippines
  • Sinarmas Energy and Mining - Indonesia
  • Therma Luzon, Inc, Philippines
  • Samsung - South Korea
  • White Energy Company Limited
  • Jindal Steel & Power Ltd - India
  • U S Energy Resources
  • Vale Mozambique
  • Cebu Energy, Philippines
  • Humpuss - Indonesia
  • Fearnleys - India
  • KOWEPO - South Korea
  • Asian Development Bank
  • Borneo Indobara - Indonesia
  • KEPCO - South Korea
  • Latin American Coal - Colombia
  • Deloitte Consulting - India
  • PTC India Limited - India
  • Vitol - Bahrain
  • CNBM International Corporation - China
  • Electricity Authority, New Zealand
  • Thiess Contractors Indonesia
  • Maruti Cements - India
  • Cosco
  • Sindya Power Generating Company Private Ltd
  • Binh Thuan Hamico - Vietnam
  • Australian Commodity Traders Exchange
  • PowerSource Philippines DevCo
  • Cement Manufacturers Association - India
  • Sree Jayajothi Cements Limited - India
  • Bukit Baiduri Energy - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Carbofer General Trading SA - India
  • APGENCO India
  • Georgia Ports Authority, United States
  • Gujarat Electricity Regulatory Commission - India
  • Metalloyd Limited - United Kingdom
  • Videocon Industries ltd - India
  • Australian Coal Association
  • Wilmar Investment Holdings
  • SUEK AG - Indonesia
  • BNP Paribas - Singapore
  • Argus Media - Singapore
  • OPG Power Generation Pvt Ltd - India
  • Barclays Capital - USA
  • Arutmin Indonesia
  • Medco Energi Mining Internasional
  • Ambuja Cements Ltd - India
  • Sucofindo - Indonesia
  • Malabar Cements Ltd - India
  • Thai Mozambique Logistica
  • SASOL - South Africa
  • Global Green Power PLC Corporation, Philippines
  • TNB Fuel Sdn Bhd - Malaysia
  • Anglo American - United Kingdom
  • ANZ Bank - Australia
  • Mitsui
  • Bharathi Cement Corporation - India
  • JPower - Japan
  • Marubeni Corporation - India
  • Price Waterhouse Coopers - Russia
  • Indonesian Coal Mining Association
  • Rio Tinto Coal - Australia
  • GB Group - China
  • Mechel - Russia
  • Asmin Koalindo Tuhup - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Kaltim Prima Coal - Indonesia
  • Minerals Council of Australia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Bhushan Steel Limited - India
  • SRK Consulting
  • Kapuas Tunggal Persada - Indonesia
  • Clarksons - UK
  • Adani Power Ltd - India
  • Tanito Harum - Indonesia
  • Maersk Broker
  • Salva Resources Pvt Ltd - India
  • Gujarat Sidhee Cement - India
  • Global Business Power Corporation, Philippines
  • Commonwealth Bank - Australia
  • Directorate Of Revenue Intelligence - India
  • Cigading International Bulk Terminal - Indonesia
  • Edison Trading Spa - Italy
  • Pipit Mutiara Jaya. PT, Indonesia
  • The State Trading Corporation of India Ltd
  • Chamber of Mines of South Africa
  • Mitsubishi Corporation
  • Meenaskhi Energy Private Limited - India
  • Singapore Mercantile Exchange
  • Simpson Spence & Young - Indonesia
  • Merrill Lynch Commodities Europe
  • Arch Coal - USA
  • SMC Global Power, Philippines
  • Total Coal South Africa
  • Indo Tambangraya Megah - Indonesia
  • globalCOAL - UK
  • MEC Coal - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Geoservices-GeoAssay Lab
  • Ernst & Young Pvt. Ltd.
  • TRAFIGURA, South Korea
  • ING Bank NV - Singapore
  • Grasim Industreis Ltd - India
  • Chettinad Cement Corporation Ltd - India
  • Thailand Anthracite
  • Bank of America
  • Platou - Singapore
  • Xindia Steels Limited - India
  • LBH Netherlands Bv - Netherlands
  • Credit Suisse - India
  • Merrill Lynch Bank
  • MS Steel International - UAE
  • DBS Bank - Singapore
  • Trasteel International SA, Italy
  • Cardiff University - UK
  • Coaltrans Conferences
  • Iligan Light & Power Inc, Philippines
  • McKinsey & Co - India
  • Semirara Mining Corp, Philippines
  • Vedanta Resources Plc - India
  • Noble Europe Ltd - UK
  • Shenhua Group - China
  • Neyveli Lignite Corporation Ltd, - India
  • Banpu Public Company Limited - Thailand
  • Freeport Indonesia
  • Jaiprakash Power Ventures ltd
  • Jorong Barutama Greston.PT - Indonesia
  • Deutsche Bank - India
  • TANGEDCO India
  • CoalTek, United States
  • CIMB Investment Bank - Malaysia
  • Ceylon Electricity Board - Sri Lanka
  • Parry Sugars Refinery, India
  • IMC Shipping - Singapore
  • Ince & co LLP
  • EIA - United States
  • Surastha Cement
  • Intertek Mineral Services - Indonesia
  • OCBC - Singapore
  • Larsen & Toubro Limited - India
  • Meralco Power Generation, Philippines
  • Energy Link Ltd, New Zealand
  • Malco - India
  • European Bulk Services B.V. - Netherlands
  • The India Cements Ltd
  • Ministry of Transport, Egypt
  • Indika Energy - Indonesia
  • Tata Chemicals Ltd - India
  • Planning Commission, India
  • Samtan Co., Ltd - South Korea
  • Runge Indonesia
  • Bhatia International Limited - India
  • GAC Shipping (India) Pvt Ltd
  • Savvy Resources Ltd - HongKong
  • Kohat Cement Company Ltd. - Pakistan
  • Gupta Coal India Ltd
  • New Zealand Coal & Carbon
  • Bangkok Bank PCL
  • Kartika Selabumi Mining - Indonesia
  • Qatrana Cement - Jordan
  • Central Electricity Authority - India
  • Inspectorate - India
  • CCIC - Indonesia
  • CESC Limited - India
  • NTPC Limited - India
  • Moodys - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • Leighton Contractors Pty Ltd - Australia
  • Billiton Holdings Pty Ltd - Australia
  • McConnell Dowell - Australia
  • Independent Power Producers Association of India
  • Sakthi Sugars Limited - India
  • World Bank
  • Indogreen Group - Indonesia
  • Orica Mining Services - Indonesia
  • ASAPP Information Group - India
  • London Commodity Brokers - England
  • Directorate General of MIneral and Coal - Indonesia
  • Gresik Semen - Indonesia
  • Japan Coal Energy Center
  • Kepco SPC Power Corporation, Philippines
  • Ministry of Finance - Indonesia
  • Romanian Commodities Exchange
  • IBC Asia (S) Pte Ltd
  • PLN Batubara - Indonesia
  • The University of Queensland
  • Petrochimia International Co. Ltd.- Taiwan
  • Agrawal Coal Company - India
  • Asia Cement - Taiwan
  • Britmindo - Indonesia
  • Sojitz Corporation - Japan
  • Bukit Asam (Persero) Tbk - Indonesia
  • Dalmia Cement Bharat India
  • Karaikal Port Pvt Ltd - India
  • JPMorgan - India
  • ETA - Dubai
  • PetroVietnam Power Coal Import and Supply Company
  • Idemitsu - Japan
  • Straits Asia Resources Limited - Singapore
  • Thomson Reuters GRC
  • Peabody Energy - USA
  • EMO - The Netherlands
  • GMR Energy Limited - India
  • HSBC - Hong Kong
  • Coal India Limited
  • GVK Power & Infra Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • The Treasury - Australian Government
  • Thermax Limited - India
  • Enel Italy
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • VISA Power Limited - India
  • Star Paper Mills Limited - India
  • Altura Mining Limited, Indonesia
  • Maybank - Singapore
  • Vijayanagar Sugar Pvt Ltd - India
  • Petron Corporation, Philippines
  • ICICI Bank Limited - India
  • Tamil Nadu electricity Board
  • Sical Logistics Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • SGS (Thailand) Limited
  • Permata Bank - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Economic Council, Georgia
  • Oldendorff Carriers - Singapore
  • Holcim Trading Pte Ltd - Singapore
  • Ministry of Mines - Canada
  • AsiaOL BioFuels Corp., Philippines
  • Coastal Gujarat Power Limited - India
  • Timah Investasi Mineral - Indoneisa
  • PetroVietnam
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • UBS Singapore
  • Miang Besar Coal Terminal - Indonesia
  • SMG Consultants - Indonesia
  • RBS Sempra - UK
  • Eastern Energy - Thailand
  • Globalindo Alam Lestari - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Bhoruka Overseas - Indonesia
  • Pinang Coal Indonesia
  • Maheswari Brothers Coal Limited - India
  • Inco-Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Riau Bara Harum - Indonesia
  • San Jose City I Power Corp, Philippines
  • Indorama - Singapore
  • Kideco Jaya Agung - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Central Java Power - Indonesia
  • Jatenergy - Australia
  • Cemex - Philippines
  • Bayan Resources Tbk. - Indonesia
  • Antam Resourcindo - Indonesia
  • Adaro Indonesia
  • WorleyParsons
  • Vizag Seaport Private Limited - India
  • Attock Cement Pakistan Limited
  • Posco Energy - South Korea
  • Eastern Coal Council - USA
  • Mintek Dendrill Indonesia
  • Energy Development Corp, Philippines
  • Bank of China, Malaysia
  • Coal and Oil Company - UAE
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Coal Orbis AG
  • Kobexindo Tractors - Indoneisa
  • Aboitiz Power Corporation - Philippines
  • Mjunction Services Limited - India
  • Shree Cement - India
  • KPMG - USA
  • TeaM Sual Corporation - Philippines
  • Lafarge - France
  • Indian Energy Exchange, India
  • Glencore India Pvt. Ltd
  • Coalindo Energy - Indonesia
  • Wood Mackenzie - Singapore
  • Orica Australia Pty. Ltd.
  • Reliance Power - India
  • Renaissance Capital - South Africa
  • Indian Oil Corporation Limited
  • Power Finance Corporation Ltd., India
  • Baramulti Group, Indonesia
  • Ind-Barath Power Infra Limited - India
  • Formosa Plastics Group - Taiwan
  • Indonesia Power. PT
  • Coeclerici Indonesia
  • Bangladesh Power Developement Board
  • Makarim & Taira - Indonesia
  • Panama Canal Authority
  • Standard Chartered Bank - UAE
  • South Luzon Thermal Energy Corporation
  • Petrosea - Indonesia
  • Core Mineral Indonesia
  • Essar Steel Hazira Ltd - India
  • Berau Coal - Indonesia
  • Heidelberg Cement - Germany
  • Bulk Trading Sa - Switzerland
  • Mercator Lines Limited - India
  • India Bulls Power Limited - India
  • Electricity Generating Authority of Thailand
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Tata Power - India
  • J M Baxi & Co - India
  • Africa Commodities Group - South Africa
  • Uttam Galva Steels Limited - India
  • World Coal - UK
  • TGV SRAAC LIMITED, India
  • Xstrata Coal