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Saturday, 12 September 09
$1.5B KALIMANTAN COAL RAIL TENDER EXPECTED BY YEAR-END
 The Jakarta Globe reported that, In the second announcement on major coal-railway projects in as many days, Central Kalimantan’s top official said on Friday that the proposed 185-kilometer rail line linking Puruk Cahu and Bangkuang — expected to cost $1.5 billion — will be put out to tender before the end of the year.
It is hoped that construction of the rail line will help maximize coal production in the province, which is estimated to hold 4.8 million tons of the fuel, representing more than a half of the country’s total estimated deposits of about seven million tons. The project is expected to be finished in 2012.
The province’s coal is in high demand due to its high calorific value and low ash and sulphur levels.
“We see a railway as the only feasible option for transporting coal throughout the year,” said Agustin Teras Narang, the governor of Central Kalimantan.
“Coal from the area is currently transported by road and river. But the roads are only able to support trucks carrying up to eight tons, while river transportation is impossible during the dry season, even for small barges.”
The project is currently at the pre-tender stage, with input being sought from potential investors. Agustin said the railway would be developed as a public-private partnership scheme, with the line being constructed by private investors who would be given a concession to operate it for 30 years.
“Apart from the 30-year concession, we are also guaranteeing that all coal transported from the area will have to be carried by rail,” Agustin said, adding that this would ensure that local roads were not completely clogged or destroyed by coal trucks.
Residents have long complained about damage and congestion affecting the province’s roads, due to endless lines of coal trucks operating 24 hours a day.
Dedi S Priatna, the deputy for infrastructure at the National Development Planning Board (Bappenas) in Jakarta, said the line was expected to carry 10 million tons per annum during the first 10 years of its operation.
This is expected to later increase to 20 million tons, meaning that about 500 million tons of coal will be transported by the railway over the course of the 30-year concession.
“The local government will only be involved in the land acquisition work, but that will be enough to give us a 15 to 25 percent share of the project,” Agustin said.
“The land acquisition process is currently underway and I expect it to be finished by the end of the year. Construction work on the project will then be able to start next year.”
The Puruk Cahu-Bangkuang railway line is the first of four proposed additional sections of rail stretching approximately 1,829 kilometers across the province to connect coal mines and ports.
Source: The Jakarta globe
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Thursday, 24 September 09
ANGLO EYES DOUBLED METALLURGICAL COAL OUTPUT BY 2018
Mining group Anglo American could double its production of coal used for steel making by 2018 if all of its unapproved projects went ahead, the comp ...
Thursday, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...
Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable.
Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...
Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...
Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...
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- IHS Mccloskey Coal Group - USA
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- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
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- Commonwealth Bank - Australia
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- Planning Commission, India
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- Singapore Mercantile Exchange
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- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
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- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
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- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
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- Electricity Authority, New Zealand
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- The Treasury - Australian Government
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- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
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- Independent Power Producers Association of India
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- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
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- Directorate Of Revenue Intelligence - India
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- Indian Oil Corporation Limited
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- Kartika Selabumi Mining - Indonesia
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- Romanian Commodities Exchange
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- Electricity Generating Authority of Thailand
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- Timah Investasi Mineral - Indoneisa
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- Metalloyd Limited - United Kingdom
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- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
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- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
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- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
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- GVK Power & Infra Limited - India
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- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
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- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
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- Indian Energy Exchange, India
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