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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, 07 August 12
2ND ANNUAL FLOATING TERMINALS
Press Release - After a ground breaking and successful launch in 2011, the 2nd Annual Floating Terminals conferenceis back to address innovation, co ...
Tuesday, 07 August 12
KRISHNAPATNAM PORT HAS DISCHARGED 122,247 MTS OF COAL IN JUST 24 HRS
COALspot.com - Keeping with the tradition of the new records that are set at the Olympic Games 2012, Krishnapatnam Port has also achieved in setting ...
Tuesday, 07 August 12
THE JAKARTA POST EDITORIAL: REVISITING THE MINING LAW
The Jakarta post, one of the leading English news paper in Indonesia writes in its editorial today, what the domestic and foreign investors had drea ...
Tuesday, 07 August 12
BARAMULTI SET TO LIST ON BOURSE IN Q4 - JP
The Jakarta Post reported that, coal miner PT Baramulti Sukses Sarana is preparing to make its shares available to the public in the fourth quarter ...
Tuesday, 07 August 12
REALM RESOURCES COMPLETES STUDY ON ITS KATINGAN RIA COAL PROJECT
COALspot.com - Realm Resources Ltd. has announced that it has completed the Project Study for the Katingan Ria Project in Central Kalimantan, Indone ...
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- VISA Power Limited - India
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- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
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- Global Coal Blending Company Limited - Australia
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- Intertek Mineral Services - Indonesia
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- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
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- Sindya Power Generating Company Private Ltd
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- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
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- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
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- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
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- European Bulk Services B.V. - Netherlands
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- Planning Commission, India
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- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
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- The University of Queensland
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- Siam City Cement - Thailand
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- Wood Mackenzie - Singapore
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- Thai Mozambique Logistica
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- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
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