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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, 28 April 13
PANAMAX FREIGHT COULD BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - This BDI closed slightly lower at 871 points (down by 1.91 pct) mainly due to drop in the Panamax index by almost 10 pct.
Th ...
Saturday, 27 April 13
HANDY : SLIDING ; PANAMAX : POSITIVE ; CAPESIZE : STILL ON ITS KNEES - FEARNRESEARCH
Handy
The Atlantic markets started sliding with no fresh cargoes seen in the market. The USG-Feast was at USD 18k and Black sea-Feast was at USD 11 ...
Saturday, 27 April 13
2ND CHINA INTERNATIONAL SHALE GAS SUMMIT
Press Release - 2nd China International Shale Gas Summit, 10-13 September 2013 | Chengdu, China
*The largest annual event for the shale gas indus ...
Friday, 26 April 13
LIMA SUMMIT IN JULY TO HIGHLIGHT LATIN AMERICAN MINING POTENTIAL
COALspot.com - Latin American mining industry officials and their private sector counterparts will be gathering in Lima, Peru on July 1-2 for the La ...
Wednesday, 24 April 13
FUTURE US POWER MARKET SHARES OF COAL, NATURAL GAS GENERATORS DEPEND ON RELATIVE FUEL PRICES - EIA
COALspot.com - In recent years, in US, natural gas competed more effectively with coal as a fuel for electricity generation as the cost of operating ...
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- India Bulls Power Limited - India
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
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- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
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- PetroVietnam Power Coal Import and Supply Company
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- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
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- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
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- Directorate General of MIneral and Coal - Indonesia
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- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Billiton Holdings Pty Ltd - Australia
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- White Energy Company Limited
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- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
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- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
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- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
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- Standard Chartered Bank - UAE
- Marubeni Corporation - India
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- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
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- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
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- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Indian Energy Exchange, India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
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- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
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- Thai Mozambique Logistica
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- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
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- Indian Oil Corporation Limited
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- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
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- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
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