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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, 12 June 14
HANDY : TA MARKET IS CONTINUING SOUTH WITH A DECREASE OF 26% W-O-W
Handy
The week started off with holidays in most European countries and the TA market is continuing south with a decrease of 26% w-o-w. We do see ...
Thursday, 12 June 14
CONSOLIDATION IS THE ' NAME OF THE GAME' WHEN IT COMES TO SHIPYARDS ACROSS ASIA - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Intense competition, a swelling of new greenfield shipyards over the past few years mainly in China, especially prior to the 2008 global financial ...
Wednesday, 11 June 14
INDONESIA'S COAL EXPORT VOLUME AND REVENUE SLIPS 2.75% AND 6.73% RESPECTIVELY IN APRIL
COALspot.com: Indonesia, one of the world's largest coal producer and the global largest multi grade coal exporter shipped around $1.8* b ...
Wednesday, 11 June 14
BPI TOUCHING A NEW LOW FOR THE YEAR
The Dry Bulk market closed off the week positively, on the back of firming Capesize rates, while the market overall continues to face a very challe ...
Monday, 09 June 14
GOVT GETS TOUGH ON ILLEGAL MINING, SUSPENDS LICENSES - THE JAKARTA POST
The government has temporarily suspended the licenses of 62 mineral and coal transportation companies as part of its efforts to curb illegal mining ...
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- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Australian Coal Association
- Goldman Sachs - Singapore
- White Energy Company Limited
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- India Bulls Power Limited - India
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- The University of Queensland
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
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