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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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Wednesday, 12 March 14
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- SN Aboitiz Power Inc, Philippines
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- Gujarat Sidhee Cement - India
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- Baramulti Group, Indonesia
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- Planning Commission, India
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- Posco Energy - South Korea
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- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
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- Miang Besar Coal Terminal - Indonesia
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- Parliament of New Zealand
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- Chamber of Mines of South Africa
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- Samtan Co., Ltd - South Korea
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- Trasteel International SA, Italy
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- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
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- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
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- Videocon Industries ltd - India
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- Vedanta Resources Plc - India
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- Africa Commodities Group - South Africa
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- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
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- Siam City Cement - Thailand
- Xindia Steels Limited - India
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
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- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
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- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
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- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
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- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
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- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
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- Wood Mackenzie - Singapore
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