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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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Sunday, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks.
The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...
Saturday, 16 June 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA COAL CONTRACT SWAPS ARE UNDER PRESSURE
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries seems to be under pressure this week.&nbs ...
Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy
Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and S ...
Thursday, 14 June 12
SMALLER DRY BULK CARRIERS LIKELY TO FACE MORE CHALLENGES; DEMOLITION ACTIVITY SET FOR RECORD YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest update on the dry bulk markets, BIMCO said that China is partly “failing to deliver” on raw material imports that can affe ...
Wednesday, 13 June 12
LOW COAL PRICES COULD CHANGE SUPPLY SIDE DYNAMICS - FITCH RATINGS
Fitch Ratings believes that the weakness seen in thermal coal prices in recent months should reverse once demand from major importers recovers, alth ...
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- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Parliament of New Zealand
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- White Energy Company Limited
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- The University of Queensland
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
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