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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, 16 July 10
CHINA EXPORTS 10.14 MILLION TONNES OF COAL IN H1 OF 2010
China exported 10.14 million tonnes of coal in the first half of this year, down 13.1% compared with the corresponding period of last year, accordin ...
Thursday, 15 July 10
SMC TO PURSUE MINDANAO COAL MINING PROJECTS
Philippine Daily Inquirer reported that, DIVERSIFYING CONGLOMERATE San Miguel Corp. is inclined to pursue its coal mining projects in Mindanao ...
Thursday, 15 July 10
ADANI ENTERPRISES WILL BUY $1 BILLION COAL MINE FROM LINC ENERGY - TOP NEWS
Top News reported that, Adani Enterprises has almost managed to obtain a coal mine from Linc Energy for $1 billion in Queensland, Australia. This mi ...
Thursday, 15 July 10
ADANI TO DEVELOP COAL EXPORT TERMINAL IN AUSTRALIA - BUSINESS STANDARD
Business-Standard reported that, The Adani Group, promoter of Mundra Port and Special Economic Zone (MPSEZ), today said it has been selected as the ...
Thursday, 15 July 10
NO IMPROVEMENT IN THE DRY BULK MARKET - INTERMODAL
Broker’s insight
With the Baltic Dry Index today (13/7/2010) standing at 1,790 points - the lowest point since early May 2009 - ...
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- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
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- The State Trading Corporation of India Ltd
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- Singapore Mercantile Exchange
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- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Malabar Cements Ltd - India
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
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- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
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- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- Planning Commission, India
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Xindia Steels Limited - India
- White Energy Company Limited
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
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