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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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Tuesday, 26 March 13
NEWCASTLE PORT SHIPPED 2.39 MMT OF COAL W/E 25 MARCH 2013
COALspot.com - Newcastle port in Australia has loaded 2.396 million tons of thermal and coking coal for week ended 0700 hours 25 March 2013, N ...
Monday, 25 March 13
BUNKER FUELS ARE ABOUT TO GET CLEANER, BUT AT WHAT COST? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The cost of bunkers is nowadays the driving force behind most ship owners' major decisions, with regulations bound to change in many parts of the w ...
Sunday, 24 March 13
THE SUB-BIT INDONESIA'S COAL SWAPS FOR Q2 DELIVERY PRICE LOST 7.47 PERCENT PMT M-O-M
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 3.39 percent and CFR South China coal shipment 2.65 ...
Sunday, 24 March 13
FREIGHT MARKETS CONTINUED TO FIRM - VISTAAR
COALspot.com - This freight market continued to remain firm in all segments except for cape index which softened slightly.
The BDI was up by 4.60 ...
Sunday, 24 March 13
DRY BULK MARKET PROSPECTS OFFER ROOM FOR RESTRAINED OPTIMISM SAYS SHIP OWNER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its announcement regarding its annual performance, ship owner Frontline offered some useful insight on the future prospects of both the dry bulk ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Formosa Plastics Group - Taiwan
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
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