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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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Thursday, 12 July 12
SOUTHGOBI RESOURCES ANNOUNCES NOTICE OF INVESTMENT DISPUTE FILED AGAINST MONGOLIAN GOVERNMENT
Press Release - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi”) announced today that SGQ Coal Investment Pte. Ltd., a wholly ...
Wednesday, 11 July 12
HBA DROPPED SHARPLY IN JULY
COALspot.com - Indonesian HBA fell to lowest level since September 2010 in July 2012. The monthly coal reference price for coal sales this mon ...
Wednesday, 11 July 12
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 1.26 PER TON
COALspot.com - Sub-Bit FOB Indonesia Coal decline for a second day yesterday, according to SGX AsiaClear OTC Coal Swaps. The prices for shipments to ...
Tuesday, 10 July 12
DRY BULK MARKET RECORDS MODEST GAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher on Monday, with the Baltic Dry Index (BDI) ending the session up by 5 points to 1,162. Most markets were hig ...
Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently ...
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- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Ministry of Mines - Canada
- The University of Queensland
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- GMR Energy Limited - India
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- PTC India Limited - India
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Australian Coal Association
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
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