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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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Saturday, 07 November 09
THE STEAM COAL MOVEMENT FROM INDONESIA TO INDIA REMAINED QUITE STRONG - CAPT. REDDY
COALspot.com (Singapore): The BDI continued rising this week and was up by 290 points up by almost 9 pct and the index closed at 3,393 points.
B ...
Friday, 06 November 09
COAL INDIA ABANDONS PLAN TO BUY ASSET IN AUSTRALIA
Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a blank.
The effort was ...
Friday, 06 November 09
NEW ASSETS WILL INCREASE COKING AND THERMAL COAL PRODUCTION
Coal and metals processing company Coal of Africa Limited (CoAL) aims to produce 10-million tons a year of coking coal and two-million tons a year o ...
Friday, 06 November 09
NTPC TO APPOINT MERCHANT BANKER FOR S AFRICA COAL MINE
State-run power producer NTPC, which is eyeing coal mines in South Africa to meet the gap in domestic fuel supply, will appoint a merchant banker ne ...
Thursday, 05 November 09
MERCATOR LINES AIMS TO BECOME A $5 BILLION COMPANY
Mercator Lines, India’s second largest private sector shipping line, plans to invest and expand, riding India’s next wave of growth, the ...
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- Oldendorff Carriers - Singapore
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- Heidelberg Cement - Germany
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- Price Waterhouse Coopers - Russia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
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- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
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- Planning Commission, India
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- New Zealand Coal & Carbon
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