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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, 16 June 14
API 8 CFR SOUTH CHINA COAL SWAPS FALL CONTINUES THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 4.34 percent month on month and closed at US$ 71.05 per mt a ...
Sunday, 15 June 14
COAL FREIGHT RATES FALL FURTHER ON LACK OF DEMANDS - CAPT. REDDY
COALspot.com: The BDI softened this week as all segments fell this week. The Panamax sector being most affected. The Cape index was down 3.51 pct w ...
Friday, 13 June 14
US COAL PRODUCTION FELL 3% IN WEEK THAT ENDED JUNE 7, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 18.6 million short tons (mmst) of coal in a ...
Friday, 13 June 14
DRY BULK MARKET KEEPS ON FALLING, DESPITE RESPITE OF THE CAPESIZE SECTOR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept on its lacklustre performance overall, with the Baltic Dry Index (BDI) still hovering below the 1,000 point mark. Yest ...
Thursday, 12 June 14
INDONESIA SETS HBA FOR MONTH OF JUNE AT US$ 73.64
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia has revised up first time in last four months the coal bench mark price. ...
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- White Energy Company Limited
- Central Electricity Authority - India
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- Africa Commodities Group - South Africa
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- Essar Steel Hazira Ltd - India
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- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
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- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
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- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
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- GAC Shipping (India) Pvt Ltd
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- Thiess Contractors Indonesia
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- Baramulti Group, Indonesia
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- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
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- Latin American Coal - Colombia
- Indonesian Coal Mining Association
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- Siam City Cement PLC, Thailand
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
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- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Economic Council, Georgia
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- Independent Power Producers Association of India
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- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
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- Minerals Council of Australia
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- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Planning Commission, India
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- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
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- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Trasteel International SA, Italy
- VISA Power Limited - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
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- Renaissance Capital - South Africa
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- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- GMR Energy Limited - India
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- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
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- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Ministry of Mines - Canada
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- Interocean Group of Companies - India
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
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