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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, 22 August 14
U.S WEEKLY COAL PRODUCTION UP 2.4% WEEK OVER WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 19.60 million short tons (mmst) of coal in ...
Thursday, 21 August 14
PREDICTIONS FROM VARIOUS SHIPPERS AND MINING INDUSTRY FOR 2ND HALF YEAR AND ESPECIALLY Q4 IS POSITIVE
Handy
The activity has increased in both hemispheres this week and we see rates edging up on all trades. TA´s are now paying around 8k whic ...
Thursday, 21 August 14
SHIP OWNERS KEEP SHYING AWAY FOR NEW SHIP INVESTMENTS, OVERALL TREND IS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners have remained in the sidelines of the Sale & Purchasing market for second hand vessels, during most of August, while they also slow ...
Wednesday, 20 August 14
DRY BULK MARKET TO REBOUND IN THE FOURTH QUARTER, OR NOT....- NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The projected rebound of the dry bulk market is still an elusive trend and shipbrokers and analysts are looking to identify the timing of the loomi ...
Monday, 18 August 14
CAPESIZE RATES TO RISE TO MUCH HIGHER LEVELS THIS YEAR - JEFFREY LANDSBERG
COALspot.com: Capesize rates ended last week at $15,561/day, which marked a week-on-week increase of $6,167 (66%). Capesize rates have been a ...
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- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- White Energy Company Limited
- The Treasury - Australian Government
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
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