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Monday, 23 August 10
COAL FOR FAST-TRACK PROGRAM ASSURED
 Antara and the Jakarta globe reported that, the coal supply for the government’s 10,000 megawatt “fast- track” program was assured, the head of the project’s coordinating team, Yoga Pratomo, said on Sunday, with domestic coal suppliers guaranteeing 95 percent of needs.
“Only 5 percent is still in the tender process and it will be finished soon,” he said during a media tour of the Labuan steam power plant, one of the plants in the fast-track program.
The program aims to increase the country’s electricity-generating capacity by 10,000Mw. Capacity is now well below demand, resulting in frequent rolling blackouts across the country.
Yoga said the supply contracts would last for 20 years.
He said the program, which is projected to be completed by 2013, required at least 30 million tons of coal a year.
The required coal was low in calories and cost $ 40 to 55 a ton.
“With such relatively low-priced coals, the cost of electricity production can be cheap,” Yoga said.
“I predict when the entire 10,000Mw fast-track program is finished there will be a saving of Rp 100 billion ($ 11.1 million) per day, or Rp 35 trillion per year, in electricity usage.”
Yoga said 50 percent of the coal supply needed for the project, or 15 million tons a year, would be supplied by local miner Arutmin, with the rest being supplied by Bara Mutiara Prima, Titan Mining Indonesia and Hanson Energi.
“So all of the coal needed for the project will be from domestic suppliers,” he added.
Yoga said that by the end of this year, 2,000Mw more power will be provided, with a further 4,300Mw coming on stream next year.
Last November the government asked domestic coal producers to set aside 30 percent of their output for 2010 for the fast- track program.
The Energy Ministry predicted that domestic demand for coal this year would be 65 million tons, of which 85 percent would be needed to run power plants throughout the country.
The government is limiting coal exports to 150 million tons this year to ensure supply during the upgrade.
The ministry predicted that production for this year would total 230 million tons.
Source: Antara / The Jakarta Globe
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Thursday, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...
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- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Indika Energy - Indonesia
- Parliament of New Zealand
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- ICICI Bank Limited - India
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- PTC India Limited - India
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Australian Coal Association
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
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