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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, 01 September 13
INDONESIA TO INDIA SPOT FREIGHT STAYS FIRM THIS WEEK - VISTAAR
COALspot.com: The freight market continued to be firm with even though the BDI and Cape index dropped by about 3 pct week on week.
The BDI was do ...
Friday, 30 August 13
US COAL PRODUCTION FELL 0.48 PERCENT WEEK ON WEEK - EIA
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.70 million short tons (mmst) of ...
Thursday, 29 August 13
HANDY: THE PACIFIC MARKET STARTED HEALTHY THIS WEEK - FEARNRESEARCH
Handy
The Pacific market started healthy this week. We have seen many bauxite, iron ore and few coal fixtures. Ships passing Singapore were able to ...
Thursday, 29 August 13
NO RATING IMPACT ON INDONESIAN ENERGY COMPANIES FROM RUPIAH DEPRECIATION - FITCH RATINGS
Fitch Ratings says the credit profiles of rated Indonesian energy and utilities companies, including thermal coal producers, will largely remain una ...
Wednesday, 28 August 13
THE BDI HAS MOVED TO LEVELS CONSIDERABLY STRONGER THAN THE BEGINNING OF THE YEAR - INTERMODAL
By George Bassakos
SnP Broker - Intermodal
We have already reached the end of August and whilst students are preparing themselves for another sc ...
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- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Parliament of New Zealand
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- MS Steel International - UAE
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Ministry of Finance - Indonesia
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
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