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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, 09 July 14
PANAMAX MARKET FINALLY CORRECTING UPWARDS; AVERAGE TC MORE THAN DOUBLING WEEK ON WEEK - INTERMODAL
The Dry Bulk market has closed off on Friday on a more positive note, with most segments noting weekly gains and the Panamax market finally correct ...
Wednesday, 09 July 14
SHIPPING MARKET INSIGHT - PANOS TSILINGIRIS
The mini-boom in dry bulker values catapulted ship prices too fast too far over the last one-and-a-half year. The concurrence of historically low p ...
Tuesday, 08 July 14
INDONESIAN COAL PRICE REFERENCE FALL AGAIN IN JULY; LOST 1.62%
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia again revised down the coal bench mark price in July. HBA for month of J ...
Tuesday, 08 July 14
ENERGY IN THE MIX - INTERMODAL SHIPBROKERS
With the Tanker freight market having showed much promise this year compared to the performance that had been noted during the previous five, it is ...
Monday, 07 July 14
INDONESIA STATE-CONTROLLED COAL MINER BUKIT ASAM TO TRADE COAL ON-LINE THROUGH JFX
COALspot.com: Indonesian state owned coal miner PT Tambang Batubara Bukit Asam Tbk (PTBA) has teamed up with Jakarta Futures Exchange (JFX) to sell ...
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- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- The University of Queensland
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Australian Coal Association
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
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