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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, 02 July 14
THE PANAMAX MARKET CONTINUED TO BLEED FOR ANOTHER WEEK - INTERMODAL
COALspot.com: The Dry Bulk market succumbed to mounting pressure this past week, while the Capesize market proved unable to “save the day&rdq ...
Wednesday, 02 July 14
HANDY BULKERS PROVE TO BE THE MOST SOUGHT AFTER VESSELS OVER THE PAST WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The Handy dry bulker proved to be the most sought after ship by ship owners active in the second hand market, which saw a slight decline in terms o ...
Wednesday, 02 July 14
SHIPPING: MARKET INSIGHT - GEORGE DERMATIS
After 6 months, 57 ministerial meetings and 67 political agreements, the journey of the Greek Presidency in the EU reached its end yesterday; only ...
Tuesday, 01 July 14
INDIAN POWER PLANT COAL STOCKPILES VERY LOW
COALspot.com: According to today's Weekly Dry Bulk Report published by Commodore Research, Indian power plant coal stockpiles have now fallen t ...
Monday, 30 June 14
SUB-BIT FOB INDONESIA COAL PRICES ARE STILL STRUGGLING TO RECOVER
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on week and on month according to AsiaClear OTC coal swap's reports release ...
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- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
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