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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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Saturday, 30 August 14
INDIAN GOVERNMENT SHOULD TAKE NOTICE: THERMAL COAL IMPORT PRICES EXTREMELY LOW - COMMODORE RESEARCH
COALspot.com: Both Indonesian and Australian thermal coal prices are at the lowest levels seen this decade, with Indonesia's monthly benchmark ...
Saturday, 30 August 14
RECOVERY IN SIGHT FOR THE DRY BULK SHIPPING MARKET - DREWRY SHIPPING CONSULTANTS
Despite weak freight rates so far this year, Dry Bulk shipping earnings are forecast to recover as demand for both major and minor bulk commodities ...
Friday, 29 August 14
U.S. WEEKLY COAL PRODUCTION DROPS 1.3 PERCENT, EIA SAYS
COALspot.com – United States the world's second largest coal producer, produced approximately 19.40 million short tons (mmst) of coal in ...
Friday, 29 August 14
ADARO'S PROFITS SINK FURTHER AMID FALL IN COAL PRICES - JP
Adaro Energy, one of the country’s largest coal miners, has reported a 31 percent drop in net profit in the first half of this year as global ...
Friday, 29 August 14
CHINESE LIGNITE IMPORTS: QUANTITY OVER QUALITY? - CLARKSONS
In the first half of 2014, Chinese seaborne coal imports declined 0.4% y-o-y to 148mt, largely reflecting a 3.3% fall in imports of steam coal. Mea ...
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- Samtan Co., Ltd - South Korea
- PTC India Limited - India
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- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
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- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
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- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
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- Savvy Resources Ltd - HongKong
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- Goldman Sachs - Singapore
- White Energy Company Limited
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- Coalindo Energy - Indonesia
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- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
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- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
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- ASAPP Information Group - India
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- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
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- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
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- Indian Energy Exchange, India
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- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- PowerSource Philippines DevCo
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- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
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- Agrawal Coal Company - India
- Sical Logistics Limited - India
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- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
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- SMC Global Power, Philippines
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- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Economic Council, Georgia
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
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- Global Business Power Corporation, Philippines
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- Indonesian Coal Mining Association
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- Global Coal Blending Company Limited - Australia
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