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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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Tuesday, 04 March 14
AUSTRALIA'S NPC TO SHIP 11.85 MMT OF COAL IN MARCH
COALspot.com: In the week ended 3 March 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 3.15 m ...
Tuesday, 04 March 14
HIGHER PRICES AND STEADY FREIGHT RATES LEAD SHIP OWNERS TO TEMPORARILY HALT SECOND HAND VESSEL PURCHASES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As the dry bulk market has kept on improving, but at a very slow rate, ship owners have elected to take a step back from the flurry of the S&P m ...
Monday, 03 March 14
SUB-BIT INDONESIA COAL SWAP (FOB) FOR AVERAGE Q115 CLOSED AT $60.28, $ 1.70 HIGHER THAN 2Q14
COALspot.com – Indonesia, the world’s largest exporter of the thermal coal's swaps for delivery April - June 2014 slightly corrected do ...
Monday, 03 March 14
API 8 CFR SOUTH CHINA SWAPS: Q4' 2014 DELIVERY CLOSED US$ 1.40 HIGHER COMPARED TO Q2' 2014 DELIVERY
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 1.90 percent month on month and closed at US$ 76.27 per mt as on Fr ...
Monday, 03 March 14
COSTS LIABILITY PASSING DOWN A CHARTERPARTY CHAIN - SKULD
KNOWLEDGE TO ELEVATE
Provided that charterparties are on back to back terms, and the claim is successful, liability for costs incurred shoul ...
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- Altura Mining Limited, Indonesia
- The University of Queensland
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- White Energy Company Limited
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
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