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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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Friday, 06 August 10
KRISHNAPATNAM PORT WINS NON MAJOR PORT AWARD 2ND TIME IN A ROW
COAlspot.com ( Press Release) Krishnapatnam Port, the world-class port on the Indian horizon, took the top honors for the second time in a row, in t ...
Friday, 06 August 10
POLANDS KOPEX GROUP DEVELOPS COAL MINE IN INDONESIA
Polishmarket reported that, Polish mining concern Kopex Group, , is to build the first in Indonesia mechanised underground coal mine. The group is c ...
Thursday, 05 August 10
MORATORIUM MAY HURT NEW PROJECTS: MINING GROUP
The government’s proposed two-year moratorium on issuing new concessions to convert forests and peatlands to other uses may hinder new mining ...
Thursday, 05 August 10
IRON ORE EXPORT BAN COMPOUNDS PROBLEMS OF INDUSTRY - BUSINESS STANDARD
Forex loss of Rs 300 crore (US$ 65.63 million) ; truckers, ports, Railways bear the brunt
The Karnataka government’s move to ban the export ...
Thursday, 05 August 10
DRY BULK LOOKING TO CHINA FOR A NEW RALLY, BUT INDIA COULD BE THIS YEAR'S SURPRISE
The dry bulk market’s rebound has hit a “wall” this week, with the industry’s benchmark, the BDI (Baltic Dry Index) ending i ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indika Energy - Indonesia
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Sical Logistics Limited - India
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- The University of Queensland
- Dalmia Cement Bharat India
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
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