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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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Thursday, 19 June 14
PANAMAX: VERY CLOSE TO BREAKING THE ALL TIME LOW RECORD - FEARNLEYS AS
Handy
The Supra-Handy market is experiencing the same market slow down as its bigger sister markets however not to the same extent. We see TA rat ...
Wednesday, 18 June 14
CHINESE STEEL PRODUCTION SETS RECORD DURING FIRST TEN DAYS OF JUNE - COMMODORE RESEARCH & CONSULTANCY
Recently released data shows that average daily crude steel production at China's key steel mills hit a record high of 1.833 million tons durin ...
Wednesday, 18 June 14
MARKET INSIGHT - TIMOS PAPADIMITRIOU
Back in January the expectations for Q3 and Q4 were more than great. Talks and claims for a rising BDI and a healthy market were coming from everyw ...
Tuesday, 17 June 14
DRY BULK FREIGHT RATES TO RISE DURING THE SECOND HALF OF 2014, AS CHINA IS EXPECTED TO START IMPORTING MORE IRON ORE FROM BRAZIL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its latest analysis of the dry bulk market, BIMCO said that it doesn’t expect freight rates to react significantly to increased demand bef ...
Monday, 16 June 14
INDONESIAN COAL SWAPS FOR Q3 DELIVERY FALL 2.34 % MONTH ON MONTH
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports re ...
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Showing 3651 to 3655 news of total 6871 |
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- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- PTC India Limited - India
- Romanian Commodities Exchange
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
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