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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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Wednesday, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired p ...
Wednesday, 11 November 09
MINING ACQUISITIONS BECOMING MORE STRATEGIC - E&Y
Mining Weekly reported that, Although miners around the world are looking to position themselves for growth, companies are being more selective when ...
Tuesday, 10 November 09
THAI COAL MINER BANPU Q3 NET UP, BEATS FORECAST
Reuters reported that, Thailand's top coal miner, Banpu, said on Tuesday its third-quarter net earnings rose a higher-than-expected 22 percent, hel ...
Monday, 09 November 09
NAPOCOR DEFERS 50,000 T COAL TENDER
Top Philippine electricity producer National Power Corp. (Napocor) has indefinitely postponed a tender for supply of 50,000 tons of steam coal sched ...
Monday, 09 November 09
SAM'S SEAFOOD HOLDINGS SET TO COMMENCE DRILLING AT INDONESIAN COAL PROJECT
Proactive Investors reported that, Sam's Seafood Holdings is preparing to kick off diamond drilling at the company's Indonesian coal project after ...
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- Toyota Tsusho Corporation, Japan
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- The State Trading Corporation of India Ltd
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- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
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- San Jose City I Power Corp, Philippines
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- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
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- Indian Oil Corporation Limited
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- Banpu Public Company Limited - Thailand
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- London Commodity Brokers - England
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- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
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- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
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- Orica Australia Pty. Ltd.
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- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
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- PetroVietnam Power Coal Import and Supply Company
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- Planning Commission, India
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- White Energy Company Limited
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- Pipit Mutiara Jaya. PT, Indonesia
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- Commonwealth Bank - Australia
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