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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, 08 January 12
THARPAK CONSORTIUM FORMED TO DEVELOP MEGA ENERGY COMPLEX IN SINDH PROVINCE, PAKISTAN
Press Release: On January 5th, TharPak, LLC met with officials of the Embassy of Pakistan in Washington DC to introduce and announce the formation o ...
Saturday, 07 January 12
COAL MARKETS SEE FALLING SPOT PRICES
COALspot.com – World’s thermal coal spot prices have slipped this week..
globalCOAL index in Newcastle Port, benchmark for Asian mark ...
Friday, 06 January 12
COAL INDIA LINKED COAL PRICES WITH INTERNATIONAL COAL PRICES
COALspot.com - Consumers of indigenous coal in India to pay International prices in the future. Coal India has recently moved from UHV pricing mecha ...
Friday, 06 January 12
CLARIDEN GLOBAL BRINGS YOU INDONESIA MINING 2012
Capitalizing Business & Investment Opportunities in an Uncertain Market.Press Release - Clariden Global brings you Indonesia Mining 2012, the dedi ...
Friday, 06 January 12
THE PANAMAX MARKET EXPERIENCED A SLOW START TO 2012 - FEARNLEYS AS
Handy
As usual after a holiday owners and charterers both try to get a feel of the market. An Armada of Supras were talking to ballast towards USG, ...
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- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- PTC India Limited - India
- London Commodity Brokers - England
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
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