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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, 25 July 14
U.S WEEKLY COAL PRODUCTION UP AROUND 3.5% WEEK ENDED JULY 19
COALspot.com – United States the world's second largest coal producer, produced approximately 19.00 million short tons (mmst) of coal in ...
Thursday, 24 July 14
INDONESIA'S JUNE 2014 COAL EXPORT VOLUME DOWN 6.82%; AVERAGE SELLING PRICE DOWN
COALspot.com: Indonesia, one of the world's largest coal producer and the global leading multi grade coal exporter shipped around $1.70* ...
Thursday, 24 July 14
HANDY: SOUTH AFRICA SOFTENED A BIT, HERE RATES ARE AT AROUND 8K +150K BB FOR TRIPS EAST - FEARNLEYS AS
Handy
The handy market in the Atlantic is going sideways and a tick down on low activity. Levels hoovering around USD 5k on Supras. The SMX marke ...
Thursday, 24 July 14
INDONESIAN COAL EXPORTERS ARE REQUIRED TO OBTAIN ET-BATUBARA UNDER LATEST TRADE MINISTRY'S NEW REGULATION
COALspot.com: Indonesia's trade ministry has issued regulation No. 39/M-DAG/PER/7/2014 which is requires exporters of power plant coal as ...
Wednesday, 23 July 14
PANAMAXES WERE BACK ON A DOWNWARD COURSE; CAPES WERE FEELING THE MOST PRESSURE - INTERMODAL
COALspot.com: The Dry Bulk market was on a downward spiral this week, with the BDI noting another week-on-week decline of the magnitude of 10% this ...
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- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
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- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
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- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
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- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- The University of Queensland
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- Alfred C Toepfer International GmbH - Germany
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- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
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- Posco Energy - South Korea
- Australian Coal Association
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- New Zealand Coal & Carbon
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- Romanian Commodities Exchange
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- GVK Power & Infra Limited - India
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- Billiton Holdings Pty Ltd - Australia
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- Deloitte Consulting - India
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- Directorate General of MIneral and Coal - Indonesia
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- Price Waterhouse Coopers - Russia
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
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- PNOC Exploration Corporation - Philippines
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- Parry Sugars Refinery, India
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- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
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- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- CNBM International Corporation - China
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- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
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- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
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- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
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- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Larsen & Toubro Limited - India
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- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
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- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
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- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
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- Bukit Makmur.PT - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
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- Interocean Group of Companies - India
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- Chamber of Mines of South Africa
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- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Central Electricity Authority - India
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- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- MS Steel International - UAE
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