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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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Friday, 02 December 11
DRY BULK CARRIERS BACK IN THE SPOTLIGHT AS MARKET SPEEDS UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the tanker and container markets suffering dearly, it seems that the tide has once again turned in favor of the dry bulk carriers, despite over ...
Thursday, 01 December 11
DRY BULK MARKET RISES TO NEW HEIGHTS ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on rising this week, with the industry’s benchmark, the Baltic Dry Index (BDI) climbing to 1,846 points on Wednes ...
Tuesday, 29 November 11
SOUTH AFRICAN COAL INTO CHINA, THE ACTIVITY WAS SLOW - BRS
Capesize
The Capesize market in Atlantic stayed pretty firm last week with transatlantic rounds being fixed in the high twenties. Sentiment was les ...
Tuesday, 29 November 11
GOLDEN GATE BRIDGE OF INDONESIA COLLAPSED AT KUKAR, EAST KALIMANTAN
COALspot.com - A suspension bridge in Indonesia’s east Kalimantan province over the Mahakam river collapsed on Saturday, killing at least elev ...
Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above ...
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- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Planning Commission, India
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Minerals Council of Australia
- Eastern Coal Council - USA
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
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