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Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry official said on Wednesday.
Growth in Southeast Asia's largest economy has been held back by poor infrastructure following years of under-investment in ports, roads and power plants.
The government wants to woo domestic and international investors to join public-private partnerships (PPPs) as a way of financing new infrastructure projects.
Dedy Supriyadi Priatna, the ministry's deputy in charge of infrastructure, said that the 185 kilometre (115 miles) railway project planned for Central Kalimantan, on the Indonesian half of Borneo island, would be built under a PPP scheme and that construction contracts would be tendered in May.
"We have received a lot of interest from local and international investors," he said.
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“Construction of the single-track coal railway project, the first of its kind in Central Kalimantan, is scheduled to start by the end of this year and begin operating in 2013 and the project is expected be the first part of a 1,900-km railway network planned for the province.”
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Under PPP schemes, the government usually provides the land and guarantee for the project, while the private sector is in charge of the construction process.
Construction of the single-track coal railway project, the first of its kind in Central Kalimantan, is scheduled to start by the end of this year and begin operating in 2013.
The project is expected be the first part of a 1,900-km railway network planned for the province.
Coal exporters currently have to rely on Central Kalimantan's rivers and limited road network to transport coal.Priatna also said that Indonesia expects to spend 918 trillion rupiah ($99 billion) in the next five years on infrastructure projects using the PPP mechanism, including power plants, toll roads, ports, housing, clean water and telecommunications projects. "The fund will be used to finance infrastructure projects proposed by six government agencies," Priatna said, referring to the ministries of public works, housing, transportation, energy, telecommunication as well as the state search and rescue agency. Of the total amount, 407 trillion rupiah is expected to be contributed by the private sector, 84 trillion rupiah from external loans and grants and about 427 trillion rupiah from the state budget.
Source: Reuters
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Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed stra ...
Monday, 01 March 10
166 MINING COMPANIES THREATEN ENVIRONMENT
Viva News reported that, the Indonesian Forum for the Environment (Walhi) of East Kalimantan reveals that 166 coal mining companies, which are curre ...
Monday, 01 March 10
IRON ORE PRICE NEGOTIATIONS - 80PCT HIKE SEEN BY CHINESE
China Knowledge quoted an insider from a large Chinese steel company said there will be a significant increase in steel prices in the next few month ...
Sunday, 28 February 10
SUPRAMAX CHARTER RATES FOR ONE YEAR IS AROUND US$ 19,000/20,000 PER DAY - VISTAAR SINGAPORE
COALspot.com : The freight market firmed up by almost 10 pct on Supramax and Handy size and about 7 pct on Panamax.
However it was interesting to ...
Sunday, 28 February 10
MINISTRY SEEKS TWO YEAR DELAY TO IMPLEMENT ENVIRONMENT LAW
The Jakarta Post reported that, The ministry of energy and mineral resources has proposed that the government postpone the implementation of the 200 ...
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- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
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- Indian Energy Exchange, India
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- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Parliament of New Zealand
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Electricity Authority, New Zealand
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- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
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- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
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- Merrill Lynch Commodities Europe
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- SN Aboitiz Power Inc, Philippines
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- CIMB Investment Bank - Malaysia
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- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
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- Carbofer General Trading SA - India
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- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
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- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
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- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
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- The University of Queensland
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- India Bulls Power Limited - India
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- Attock Cement Pakistan Limited
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- Sical Logistics Limited - India
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- European Bulk Services B.V. - Netherlands
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- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Australian Coal Association
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
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- Trasteel International SA, Italy
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- Banpu Public Company Limited - Thailand
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- Alfred C Toepfer International GmbH - Germany
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