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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, 08 February 13
NORTH P&I CLUB WARNS OF LIQUEFACTION RISK FOR BAUXITE CARGOES
The ‘A’ rated 170 million GT North P&I club has warned shipowners carrying bauxite aluminium ore cargoes that they have the potentia ...
Thursday, 07 February 13
CHINA NDRC APPROVED 10 BILLION YUAN POWER GENERATION PROJECTS
NDRC of China currently announced that some of power grid and power station in Jiangxu, Sichuan and Anhui Province would be newly constructed or ext ...
Thursday, 07 February 13
CAPESIZE : MORE ACTIVE WEEK IN THE PACIFIC - FEARNLEYS AS
Handy
The Atlantic market remained stable with no significant movement in rates. Rates from USG to FEast were around USD 18k and Black Sea to Feast ...
Thursday, 07 February 13
WEAK STEEL MARKET MEANS IRON ORE RALLY LIKELY TO END SOON - FITCH
The sharp rebound in iron ore prices over the last couple of months will hurt margins at non-integrated steel producers in the first quarter of 2013 ...
Tuesday, 05 February 13
THE SHIPPING SECTOR IS " NAVIGATING IN STORMY WATERS" - PWC
The vulnerabilities of the global economy have been exposed and have more than played their part in making 2011 one of the worst years of shipping i ...
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- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
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