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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, 06 November 12
NOVEMBER 2012 HBA $35.21 LOWER THAN A YEAR AGO
COALspot.com - The Indonesian government’s declared coal reference price for November’ 12 has lost US$ 4.60 per MT M-o-M.
...
Sunday, 04 November 12
SUB-BIT INDONESIA COAL SWAPS FOR DECEMBER' 12 DELIVERY FALLS TO $ 59.78
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery fell -1.02 percent on WoW but gained 0.08 percent on D-D on Friday, 2 ...
Saturday, 03 November 12
THE SUPRAMAX FREIGHT EXPECTED TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - This week the market remained soft with all the sectors soft.
The BDI and was down by 6 pct closing at 986 points. The cape index ...
Saturday, 03 November 12
DEMOLITION IS THE KEY FOR DRY BULK SHIPPING'S RECOVERY SAYS SHIPBROKER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
With the number of new building deliveries so far in 2012 already having surpassed the total of 2011, it's more than clear that the dry bulk sector ...
Thursday, 01 November 12
INDONESIA HAS REVISED DOWN ITS 2012 DOMESTIC MARKET OBLIGATION REQUIREMENT FOR COAL
COALspot.com - Minister of Energy and Mineral Resources of Indonesia has revised down its 2012 domestic market obligation requirement due to lower d ...
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- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- Planning Commission, India
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Australian Coal Association
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- London Commodity Brokers - England
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
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