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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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Thursday, 20 June 13
CAPESIZE : FINALLY A SUBSTANTIAL IMPROVEMENT IN RATES! - FEARNLEYS A.S
Handy
Atlantic market kept a steady curve from last week. US Gulf positions fetched tick above USD 21k for Cont/Skaw direction, and vessels fixed f ...
Wednesday, 19 June 13
NEWCASTLE SHIPPED 16.05 PERCENT LESS COAL W/E 17 JUNE 2013
COALspot.com - Newcastle port in Australia has loaded 2,606,071 tons of coal for the week ended 0700 hours 17 June 2013, Newcastle Port Corp. ...
Sunday, 16 June 13
WEAK DEMAND KEEPS COAL PRICES LOW
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have lost 2.94 percent week on week but gained 0.06 percent ...
Saturday, 15 June 13
S7 AND S8 ROUTES ARE EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - This week freight movement was fairly firm with news of China is rebuilding iron ore stockpiles, and ease import rules. Cape and Pana ...
Saturday, 15 June 13
SHIPPING CONFIDENCE REACHES HIGHEST LEVEL FOR TWO AND A HALF YEARS - MOORE STEPHENS
Overall confidence levels in the shipping industry rose to their highest level for two and a half years in the three months ended May 2013, accordin ...
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- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Wilmar Investment Holdings
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
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