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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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Monday, 04 August 14
Q1' 15 API 8 CFR SOUTH CHINA COAL SWAP CLOSED AT US$ 69.37 ON 1 AUGUST 2014; A $ 1.10 HIGHER COMPARED TO Q4' 2014 CLOSING
COALspot.com: Coal swap prices are showing a positive move upward this past week. API 8 CFR South China Coal swap for Q4, Q1 and Q2 2015 show ...
Sunday, 03 August 14
LACK OF COAL SHIPMENTS FROM FAR EAST/SE ASIA, THE PRESSURE ON CHARTER RATES CONTINUED THIS WEEK
COALspot.com: This week, the freight rates were almost flat as charter rates were also almost steady from last week.
The BDI was up by 2.59 pc ...
Friday, 01 August 14
UNCERTAINTY IN ASIAN COAL MARKETS WHERE INDEX-LINKED PRICING DOMINATES - SGX
COALspot.com: In the past 3 years, seaborne thermal coal markets have been in a state of constant oversupply.
Reuters expects this oversupply ...
Friday, 01 August 14
U.S PRODUCED 19.4 MMST OF COAL IN A WEEK, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.40 million short tons (mmst) of coal in ...
Thursday, 31 July 14
CAPESIZE: CARGO VOLUMES, COAL IN PARTICULAR, PRESENTLY NOT SUFFICIENT TO EMPLOY A GROWING FLEET - FERNLEYS
Handy
Both the Atlantic and Pacific has improved in the supramax segment over the last week, said Fernleys in Its latest weekly report . There we ...
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- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Planning Commission, India
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- The University of Queensland
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
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