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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, 28 January 14
RESOURCE NATIONALISM OR PROTECTIONISM FOR THE MINING AND EXTRACTIVES INDUSTRY - JOHN WHITTAKER & MICHAEL SWANGARD
Resource nationalism or protectionism for the mining and extractives industry as well as soft commodities sector and the oil industry.
‘Res ...
Tuesday, 28 January 14
DRY BULK SHIP OWNERS RETREAT TO OLD 'HABITS', REFUSING TO DEMOLISH OLD VESSELS, THREATENING MARKET RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
If one thing is clear as we reflect on the 2013 shipping markets, it's that ship owners took advantage of low prices, in order to acquire newer ton ...
Monday, 27 January 14
MERCATOR SINGAPORE REPORTS 52% INCREASE IN EBITDA FOR Q3 FY 2014 AS COMPARED TO PREVIOUS QUARTER
COALspot.com: Mercator Lines (Singapore) Limited, a leading Indian-owned international dry bulk shipping company that operates a fleet of fourteen d ...
Monday, 27 January 14
13TH CLEAN COAL FORUM 2014
COALspot.com: (Press Release) - Produced by CDMC Events, The 13th Clean Coal Forum 2014 will be held on June 12 &13 2014 in Beijing, China. We a ...
Monday, 27 January 14
Q3 & Q4 API 8 CFR SOUTH CHINA COAL SWAPS CONTINUE TO REMAIN WEAK
COALspot.com: API 8 CFR South China Coal swaps for average Q1 14 delivery lost 4.45 percent month on month and closed at US$ 79.05 per mt as on Frid ...
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- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- The University of Queensland
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
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