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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, 05 January 12
DRY BULK MARKET TAKES A PLUNGE OF LOW ACTIVITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected the first days of the new year are characterized by significantly low chartering across the board of the dry bulk market, pus ...
Wednesday, 04 January 12
NEWBUILDING ORDERS PICKED UP IN 2011, BUT 2012 EXPECTED TO BE A DIFFERENT STORY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the BDI (Baltic Dry Index) starting the year on a sour note, losing 114 points and ending yesterday’s session, the first of the new year, ...
Wednesday, 04 January 12
MAHAGENCO TO IMPORT LOW MOISTURE COAL
COALspot.com - Maharashtra State Power Generation Co. Ltd. is the state power generation utility owned by Government of Maharashtra, intends to proc ...
Tuesday, 03 January 12
INDONESIA COAL REFERENCE PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the January 2012 coal reference price at US$ 109.29 per ton or US$ 3.3 ...
Tuesday, 03 January 12
WHICH WAY WILL THE DRY BULK MARKET HEAD ON FIRST WEEK OF THE YEAR? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Dry bulk ship owners will be wondering which way will the BDI (Baltic Dry Index), the industry’s benchmark, will head during the first days of ...
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- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- The University of Queensland
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
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