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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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Wednesday, 23 July 14
WEEKLY SHIPPING MARKET INSIGHT - INTERMODAL
In Australia, the world’s largest mining group, BHP Billiton, will beat the iron ore export target of more than 220 million tonnes for 2014. ...
Wednesday, 23 July 14
HARD COAL 2013: THE WORLD'S SECOND-MOST IMPORTANT ENERGY SOURCE AND GUARANTOR FOR THE SECURITY OF ENERGY SUPPLIES DURING TIMES OF CRISIS
Hard coal is again in 2013 the fastest-growing fossil primary energy source in the world. As shown in the BP Statistical Review 2014, it covered ab ...
Tuesday, 22 July 14
INDONESIAN ELECTION RESULT ENCOURAGING FOR FOREIGN INVESTMENT IN ENERGY AND MINING SECTORS - WOOD MACKENZIE
Joko Widodo-Jusuf Kalla has been announced as the official winner of Indonesia's presidential election. Joko Widodo, or Jokowi, is viewed as a ...
Tuesday, 22 July 14
THE CURRENT COAL PRICES ARE UNPROFITABLE FOR MINERS; COAL PRICES WILL GRADUALLY INCREASE - FITCH
COALspot.com: The Fitch Ratings expect the benchmark Newcastle coal prices (currently at about USD70/MT) to gradually increase.
Fitch's la ...
Tuesday, 22 July 14
SUB-BIT FOB INDONESIA COAL Q3' 14 DOWN 5.21%; Q4' 14 DOWN 3.56%; Q1' 15 DOWN 4.75% M-O-M
COALspot.com: Indonesian coal swaps for average Q3’ 2014 flat on day, weak week on week and on month according to AsiaClear OTC coal swap' ...
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- Banpu Public Company Limited - Thailand
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- Tamil Nadu electricity Board
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- Ministry of Transport, Egypt
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- SMG Consultants - Indonesia
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- Economic Council, Georgia
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- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
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- Meenaskhi Energy Private Limited - India
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- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
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- The University of Queensland
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
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- Dalmia Cement Bharat India
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- Anglo American - United Kingdom
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- Independent Power Producers Association of India
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- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
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- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
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- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
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- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- SN Aboitiz Power Inc, Philippines
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- Orica Australia Pty. Ltd.
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- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Australian Coal Association
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- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
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- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
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- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
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- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
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- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
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- Tata Chemicals Ltd - India
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
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- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
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