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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, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH
COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to compan ...
Sunday, 15 January 12
THE FREIGHT MARKET CONTINUED TO BLEED - VISTAAR
COALspot.com - "The markets continued to bleed with BDI touching almost 1000 points , almost reaching the collapse of 2008 levels," said C ...
Saturday, 14 January 12
GOLDEN MINES TO SUPPLY 4 MIO TONS - INSIDER STORIES
Insider Stories reported that, Coal miner under Sinarmas Group PT Golden Energy Mines Tbk (GEMS), a subsidiary of PT Dian Swastatika Sentosa Tbk (DS ...
Friday, 13 January 12
DIFFICULT START OF 2012 FOR DRY BULK MARKET SEEN HARD TO CHANGE IN THE COURSE OF THE YEAR, UNLESS DEMOLITION PICKS UP
The dry bulk market has been on a freefall this week after a rocky start to the new year. Yesterday, the BDI (Baltic Dry Index) the industry's benc ...
Thursday, 12 January 12
DRY BULK MARKET CRASHING AT START OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept being on freefall mode yesterday, with the industry's benchmark, the BDI (Baltic Dry Index) losing a massive 5.17% on ...
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- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- PTC India Limited - India
- Wilmar Investment Holdings
- Minerals Council of Australia
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
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