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Monday, 16 March 09
ANTAM SELECTS PARTNERS FOR POMALAA POWER PLANT - THE JAKARTA POST


PT Aneka Tambang Tbk, Indonesia’s second-largest nickel producer, said it intended to develop a $300 million coal-fired plant in Pomalaa, Southeast Sulawesi Province, with a consortium including PT Nava Bharat Indonesia and PT Indika Energy Tbk.

The state-owned company said the development of the power plant was part of its strategy to reduce its ferronickel production cost. Antam, as the company is known, now uses a 102 megawatt hour diesel plant to supply electricity to its ferronickel smelters.

The joint venture — to be 20 percent owned by Antam and the rest by the consortium — will replace the diesel plant with two 75 MW coal-fired units.

Antam expects construction to begin at the end of 2010, with commercial operations starting in 2013. Hari Widjajanto, Antam’s senior manager for corporate strategic development, said that the company was considering coal mining acquisitions to support the plant.

In late January it was announced that Antam was eyeing six coal mining firms in East Kalimantan Province at an estimated cost of Rp 2.55 trillion ($214.2 million).
To read more The jakarta Globe 



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Thursday, 02 July 09
PETCOKE BOOMS AS CEMENT MAKERS TRY TO REPLACE COAL
* Cement makers led by Asia chase petcoke to replace coal * Petcoke prices up $10/T Feb-Jun, set to rise further * Domestic U.S. petcoke demand ma ...


Wednesday, 01 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE BY 12PCT
Bloomberg reported that Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 12% last ...


Wednesday, 01 July 09
RS 6,000CR MMTC COAL IMPORT PLAN UNDER CLOUD
  The plan of MMTC Ltd, a trading firm under the commerce ministry, to import coal worth Rs 6,000 crore has come under cloud, with the Central ...


Wednesday, 01 July 09
INDONESIAN FIRM BIDS FOR 130,000T COAL FOR NAPOCOR
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it received two bids from Indonesia's PT Trubaindo and its loc ...


Wednesday, 01 July 09
COAL PRICE INDEX TO BE LAUNCHED IN JULY
India will soon get a coal index to track the coal price movement in the country. India's leading e-commerce company Mjunction Services Ltd will ...


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