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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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Friday, 19 April 13
FIRST QUARTER OF 2013 PROVEN A POSITIVE SURPRISE FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite ominous predictions regarding the negative performance of the dry bulk market during the – traditionally weak anyway – first qua ...
Thursday, 18 April 13
HANDY: STABLE ; PANAMAX: BUSY WEEK - FEARNRESEARCH
Handy
The Atlantic markets remain stable in this week. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 12k. The Pacific market is bit f ...
Thursday, 18 April 13
FEATURE: PREDICTING THE FUTURE - AND THE PAST - BIMCO
It’s not predicting the future that is problematical, it’s the realisation that you have to relive the past again and again when you fai ...
Wednesday, 17 April 13
INDONESIA SHIPPED 80 MILLION TONS OF COAL IN FIRST QUARTER - COAL DIRECTOR
COALspot.com - Indonesia has exported around 80 million tons of coal including power plant coal in first three months of this year.
Speaking on t ...
Tuesday, 16 April 13
AUSTRALIAN NEWCASTLE PORT'S COAL EXPORTS JUMPED 20.87 PER CENT ON WEEK TO 3.07 MMT
COALspot.com - Newcastle port in Australia has loaded 3,077,431 tons of thermal and coking coal for week ended 0700 hours 15 April 2013, Newca ...
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- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
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