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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, 30 June 14
WEEKLY CFR SOUTH CHINA COAL SWAPS DECLINE CONTINUES; Q1'15 LOST US$ 4.55 PMT IN A WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in Q3 fell US$ 5.25 month on month on Friday, dipping under $69 a tone. The CFR South Ch ...
Monday, 30 June 14
INDO - INDIA FREIGHT RATES CONTINUE TO WEAK
COALspot.com: The latest dry Index shows that average all-in spot freight declined, the Panamax and Supramax slipping by 9.11 percent and 4% respec ...
Friday, 27 June 14
DRY BULK MARKET STILL LOOKING FOR UPSIDE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept up its lacklustre performance during the past week, as evidenced by the course of the Baltic Dry Index (BDI). The BDI ...
Thursday, 26 June 14
PANAMAX : A PACIFIC ROUND PAYS AROUND US$ 3K DAILY - FEARNLEYS AS
Handy
In the Atlantic there has been little activity which again has caused rates to slip across all trades. TA´s are now down to US$ 5,500 ...
Thursday, 26 June 14
KOMIPO INVITES BIDS FOR TOTAL 750K MT OF BITUMINOUS COAL FOR 3CY
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) has issued a new tender for supply of total 250,000 MT of bituminous co ...
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- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Trasteel International SA, Italy
- The University of Queensland
- MS Steel International - UAE
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Ministry of Transport, Egypt
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
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