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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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Sunday, 13 October 13
API 8 CFR SOUTH CHINA COAL - AVERAGE Q4 2013 DELIVERY FELL 0.30 PERCEPT ON WEEK
COALspot.com : API 8 CFR South China Coal swaps for average Q4 2013 delivery fell 0.30 percept week on week on Friday 11 October 2013. The CFR South ...
Saturday, 12 October 13
PANAMAX: OWNERS ARE AT US$ 17-18.5K PER DAY; CHARTERERS ARE AT US$ 15.5-16K - CAPT. REDDY
COALspot.com - The futures market was heavily down on the cape size vessels and the physical average charterer rates on cape size vessels dropped by ...
Friday, 11 October 13
DRY BULK FREIGHT RATE POSITIVE MOMENTUM TO BE SUPPORTED BY HIGHER DEMAND SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
BIMCO released its latest short term research on the shipping markets, estimating that the elevated level of Capesize TC average rates i ...
Friday, 11 October 13
US COAL PRODUCTION FALLS 7.70% IN SEPTEMBER
COALspot.com – United States the world’s second largest coal producer produced approximately 17.70 million short tons (mmst) of coal in ...
Thursday, 10 October 13
NPC AUSTRALIA SHIPPED 2.99 MILLION TONS OF COAL W-O-W
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 12.04 per cent week on week to 2.99 million mt for ...
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- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
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- Sarangani Energy Corporation, Philippines
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- Bulk Trading Sa - Switzerland
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- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
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- White Energy Company Limited
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- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Georgia Ports Authority, United States
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- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
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- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
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- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
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- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
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- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
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- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
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- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
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- Ceylon Electricity Board - Sri Lanka
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- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Australian Coal Association
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- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
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- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
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- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
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