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Thursday, 19 November 09
THE GOVERNMENT TO GUARANTEE COAL SUPPLIES FOR POWER PLANTS
The government guarantees coal supplies for power plants under a 10,000 MW-capacity power plant construction acceleration program.
Minister of Energy and Mineral Resources (MEMR) Darwin Saleh said Friday (6/11) the government has had priority over domestic coal requirements under a domestic supply policy (domestic market obligation (DMO)). The coal supplies are guaranteed through a DMO policy,” he said.
Under the DMO policy, the government will as of 2010 restrict coal export to 150 million tons per annum. Out of total 37 coal based power plants to be built in Indonesia, 10 projects / plants to be built in Java islands and remaining 27 plants to be built outside.
Twenty percent of 10,000-MW projects are scheduled to commissioned in 2009, the remaining 40% in 2010 and 40% in 2011
The government is also preparing to build another 10,000-MW capacity power plant under phase-II scheme. Out of 10,000 MW, 2,000 MW up to 3,000 MW of plants to be coal based.
Darwin said the guarantee of primary energy supplies is one of the main programs within the first 100-days of new administration of the Department of Energy and Mineral Resources.
Moreover, according to him, his office is drafting energy and mineral resources strategic plan to implement within first 100 days under his administration which to be completed by end-2009.
“We will also finalize the preparatory phase-II 10,000 MW constructions and solving the problems within independent power producers,” he said. (Translated News)
Source: Media Indonesia
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Thursday, 19 November 09
FAST-TRACK FOCUS ON COAL POWER MAY COST INDONESIA BILLIONS
The Jakartaglobe reported that, As it begins to tap its massive coal reserves to generate cheap electricity, Indonesia may face additional costs of ...
Wednesday, 18 November 09
THAI PTT PLANS COAL MINE INVESTMENT IN INDONESIA
* To conclude Indonesian coal mine buy in 6 months
* Sees coal output jumping to 20 mln tonnes in five years
Reuters reported that, PTT , ...
Wednesday, 18 November 09
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT
“Building Asia’s Infrastructure”
COALspot.com (Indonesia) Press Release: Infrastructure Asia 2010 is Asia’s premier infra ...
Wednesday, 18 November 09
AMBUJA COAL TENDER PRICES EQUATE TO $61.50/T FOB
Reuters reported that, coal prices achieved by Indian cement maker Gujarat Ambuja in its early November tender equate to $61.50 a tonne FOB Richards ...
Tuesday, 17 November 09
JSW STEEL MAY SPEND $500 MILLION TO ACQUIRE COAL MINES OVERSEAS
JSW Steel Ltd., India’s third- biggest producer, may spend $500 million buying coal mines overseas, securing supplies for its local expansion. ...
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