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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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Monday, 20 August 12
CHINESE COAL SWAPS RISE, INDONESIAN COAL CONTRACTS SOFT
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost -2.05 percent W-o-W on Friday (17 August 2012) closing but gained ...
Saturday, 18 August 12
BULK FREIGHT MARKETS CONTINUED THEIR DECLINE IN LINE WITH WEAK DEMAND - VISTAAR
COALspot.com - This week also the indices fell on all segments with BDI touching lowest in almost 3 years.
The BDI closed at 714 points down by 7 ...
Thursday, 16 August 12
PUBLIC PRIVATE PARTNERSHIPS CONFERENCE 2012
Press Release - Asia’s Premier Public Private Partnerships Conference 2012 will showcase commercial opportunities for investors and developers ...
Wednesday, 15 August 12
UT GENERATED RP 3.09 TRILLION NET INCOME
COALspot.com - As of June 2012 Indonesia’s heavy equipment market grew 14%, from 8,448 units to 9,618 units (based on UT’s internal mark ...
Tuesday, 14 August 12
SAKARI ENTERED INTO JV IN CAMBODIA TO EXPLORE COAL OPPORTUNITIES
COALspot.com - Sakari joints hands with The Royal Group of Companies in Cambodia to explore and develop coal opportunities throughout the country.
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- Holcim Trading Pte Ltd - Singapore
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- TeaM Sual Corporation - Philippines
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- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
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- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
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- Ceylon Electricity Board - Sri Lanka
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- Siam City Cement - Thailand
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
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- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
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- Antam Resourcindo - Indonesia
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- Bulk Trading Sa - Switzerland
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- Vedanta Resources Plc - India
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- Semirara Mining Corp, Philippines
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- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
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- Electricity Generating Authority of Thailand
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- Alfred C Toepfer International GmbH - Germany
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- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
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- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
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- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- India Bulls Power Limited - India
- White Energy Company Limited
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
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- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
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- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
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- Carbofer General Trading SA - India
- Planning Commission, India
- Parliament of New Zealand
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- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
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