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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, 15 December 11
DRY BULK RATES TO REMAIN AT CURRENT LEVELS FOR THE MOST PART IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest research note, BIMCO said that the Capesize Time Charter Average will remain at USD 20,000-30,000 per day but the tonnage oversupply w ...
Wednesday, 14 December 11
MINER TOBA BARA SEJAHTRA PLANS IPO IN 1ST HALF OF 2012 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Coal miner Toba Bara Sejahtra is aiming high next year, hoping to capitalize on renewed bullish sentiment in the lo ...
Wednesday, 14 December 11
TIMAH PLANS TO BOOST ITS COAL PRODUCTION TO TWO MILLION TONS PER ANNUM - SOURCES
COALspot.com - Timah plans to boost its coal production to two million tons per annum. The company also expects to acquire coal concession with mini ...
Wednesday, 14 December 11
BORNEO RESOURCE INVESTMENTS LTD. FINALIZES ACQUISITION OF INTEGRA PRIMA
COALspot.com - Borneo Resource Investments Ltd., announced that it has finalized the acquisition of an additional 1,300 hectare coal mining concessi ...
Tuesday, 13 December 11
BERAU COAL SCOUTS US$1.61 BIO SALES - INSIDER STORIES
Insider Stories reported that, coal mining company PT Berau Coal Energy Tbk (BRAU), that is 85% owned by London-listed company Bumi Plc, estimates a ...
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- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- PTC India Limited - India
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- The Treasury - Australian Government
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
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