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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, 15 May 14
USA COAL CONFERENCE
Press Release: IHS Inc. (NYSE: IHS), the leading global source of information and analysis, will host the Coal USA Conference, June 18-20, 2014, ...
Wednesday, 14 May 14
COAL PRICES IN CHINA HAVE DROPPED TO THEIR LOWEST LEVELS SINCE END-2008
COALspot.com: Coal prices in China have dropped to their lowest levels since end-2008, Fitch says in its latest rating report on one of the coal ...
Wednesday, 14 May 14
ALMOST THROUGH THE HALF OF THE YEAR, THE DRY BULK INDEX SHOW SIGNS OF WEAKNESS; CREATING TO BOTH EXISTING SHIP OWNERS AND POTENTIAL INVESTORS A LOT OF INSECURITY - PANOS MAKRINOS
Almost through the half of the year, the overall shipping market and more specifically the Dry Bulk Index show signs of weakness, creating to bo ...
Tuesday, 13 May 14
NPC COAL EXPORT VOLUMES PLUNGE TO 2.48 MMT WEEK ON WEEK
COALspot.com: In the week ended 07:00 hours 12 May 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Quee ...
Tuesday, 13 May 14
YET ANOTHER POSIDONIA EXHIBITION IS ON ITS WAY - INTERMODAL
With less than a month to go before another Posidonia exhibition starts and all the parties and celebrations get under way we thought that it wo ...
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- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Planning Commission, India
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Marubeni Corporation - India
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