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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, 11 February 12
WILL HISTORY REPEAT ITSELF IN THIS SHIPPING CYCLE? - CLARKSONS / HELLENIC SHIPPING
A slightly dubious "best man" joke runs as follows… Best man (giving his wedding speech): "Have you noticed how history repeat ...
Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
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- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Parliament of New Zealand
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- The University of Queensland
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
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