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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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Saturday, 08 September 12
INDO INDIA ROUTE FREIGHT FOR SUPRAMAX REMAINS STRONG - CAPT. REDDY
COALspot.com - The freight market overall remained weak and except for cape index all other sectors were down. The biggest drop was in the Panamax s ...
Saturday, 08 September 12
RIO TINTO COMPLETES ACQUISITION OF BHP BILLITON'S INTERESTS IN RICHARDS BAY MINERALS
Rio Tinto has doubled its holding in Richards Bay Minerals (RBM) following the completion of its acquisition of BHP Billiton’s entire inte ...
Friday, 07 September 12
HBA GAINS $ 1.56 PER MT IN SEPTEMBER
COALspot.com - The Indonesian government’s declared coal reference price has gained US$ 1.56 per MT M-o-M. This is the first gain ...
Thursday, 06 September 12
SOME ANCHORED PANAMAX VESSELS WAITING FOR CARGOS TO COME
Handy
According to Fearnleys weekly report, in the smaller segments Fearnleys sees little to no changes since last week. There are still entering s ...
Thursday, 06 September 12
DRY BULK CARRIERS STILL IN HIGH DEMAND AMONG SHIP OWNERS, BUT NEWBUILDING ACTIVITY SLIDES IN AUGUST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The slide of the dry bulk market this year hasn't abated ship owners' appetite for dry bulk carriers, as evidenced by the steady interest expresse ...
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- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- White Energy Company Limited
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
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