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Tuesday, 01 September 09
INDONESIA PLN SECURES 1.9 MILLION TONNES COAL FOR NEW POWER PLANT
Reuters reported that Indonesia's state electricity firm PT Perusahaan Listrik Negara has secured 1.9 million tonnes of sub bituminous coal per year for its new coal fired power plant in Central Java.
Mr Pudji Widodo head of coal energy unit of PLN said that PT Arutmin a unit of Indonesia's largest coal producer PT Bumi Resources Tbk and PT Titan Mining Energy will each supply 950,000 tonnes of coal per year to Rembang power plant which has generating capacity of 630 MW. He said that "First coal delivery started this week. They will supply the coal for 20 years."
PLN bought sub bituminous coal of 4,200 kcal per kilogram gross as received at IDR 389,000 per tonne on cost insurance and freight basis.
Rembang power plant is one of 35 new coal ired power plants being built under the government's crash program to add 10,000 MW of generating capacity and ease chronic power shortages. 3 new coal fired power plants with total generating capacity of 1,960 MW are expected to start commercial operations later this year including Rembang which is expected to start in October.
PLN needs a total of 31.9 million tonnes of coal a year for the new coal fired power plants and has secured 15.3 million tonnes of coal. It was also in the process of signing contracts for a further 13.2 million tonnes and is tendering for 3.26 million tonnes of sub bituminous coal supply.
The government is currently drafting for the second program which will add another 10,000 MW capacity from coal and renewable energy. PLN has a monopoly in Indonesia and operates 25,000 MW of capacity but most of its plants are old and output is far below capacity. PLN is under pressure to ramp up capacity and modernize its plants. It has switched to natural gas and coal to meet demand and cut consumption of crude oil.
Source: Steel Guru
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Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA
Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination ...
Monday, 07 September 09
VALE SPENT $300 MILLION AT MOZAMBIQUE COAL MINE
Bloomberg rported that, Vale SA, the world’s biggest iron- ore producer, has so far spent about $300 million of the $1.3 billion investment in ...
Monday, 07 September 09
INDIA MAY BOOST COAL IMPORTS FROM INDONESIA - PLAN JVS
WSJ reported taht, India agreed to study setting up joint ventures with Indonesian companies to acquire coal assets, and look at other means of impo ...
Monday, 07 September 09
INDIAN COAL MAY NOT POWER NEW UMPPS
The Economic Times reported that, bidders for new ultra mega power projects (UMPP) may not get assured coal supplies from domestic mines. As per the ...
Saturday, 05 September 09
THE ECI / CHINA (S7) ROUTE SOFTENED BY ALMOST 12% AND THE CHARTER HIRE WAS AT US$ 16,346 PER DAY - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI almost same as last week at 2,415 points.The Panamax index went up b ...
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- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
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- Riau Bara Harum - Indonesia
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- Alfred C Toepfer International GmbH - Germany
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- Bulk Trading Sa - Switzerland
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- GAC Shipping (India) Pvt Ltd
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- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
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- TNB Fuel Sdn Bhd - Malaysia
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- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
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- Economic Council, Georgia
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- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
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- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
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- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Edison Trading Spa - Italy
- MS Steel International - UAE
- Indian Oil Corporation Limited
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- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
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- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
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- Goldman Sachs - Singapore
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- Makarim & Taira - Indonesia
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- The Treasury - Australian Government
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- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
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