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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, 13 January 13
THE FREIGHT MARKET: FAIRLY STEADY - VISTAAR
COALspot.com - The freight market was fairly steady with all the indices up with maximum gain in the Panamax segment. The BDI was up by 7.65 pct clo ...
Saturday, 12 January 13
SUB-BIT FOB INDONESIA COAL SWAPS: WEAK
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery has lost 0.32 percent WoW but CFR South China coal ship ...
Saturday, 12 January 13
HIGHER COAL PRICES: SEASONAL EFFECT
COALspot.com : Bahana Securities, one of the leading securities in Indonesia, said in its latest coal outlook that, on US and China&rsquo ...
Friday, 11 January 13
HBA HAS JUMPED BY US$ 5.80 PMT IN JANUARY 2013
COALspot.com - The Indonesian government has declared bench mark price for coal higher than December price. The monthly coal reference price f ...
Thursday, 10 January 13
PANAMAX : SOME GLIMMERS OF HOPE MID WEEK - FEARNLEYS
According to Fearnley’s weekly report, the Atlantic handy market is stable with rates around USD 11k for Cont-Feast and USD 17k bss USG/Feast. ...
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- Standard Chartered Bank - UAE
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- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
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- Parliament of New Zealand
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- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
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- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
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- Directorate Of Revenue Intelligence - India
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- Binh Thuan Hamico - Vietnam
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- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Coal and Oil Company - UAE
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- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
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- Cement Manufacturers Association - India
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- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
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- Economic Council, Georgia
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- LBH Netherlands Bv - Netherlands
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- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Minerals Council of Australia
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- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
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- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Planning Commission, India
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
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