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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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Thursday, 23 July 09
COAL IMPORTS SURGE; EXPORTS DOWN IN H1
China Trade Information reported that, China’s coal imports surged by 126.3 percent year-on-year in the first half of 2009, reaching 48.3 mill ...
Thursday, 23 July 09
SRI LANKA CALLS FOR COAL SUPPLY BIDS
Daily Mirro reported that, In a move to install the country’s first coal power plant, Sri Lanka has invited bids to supply 2.4 million metric ...
Thursday, 23 July 09
POWER INVESTORS TURN BACKS ON VIETNAMESE COAL IMPORTERS
VietNamNet Bridge reported that, Investors of power plants always seek foreign coal sources to import themselves, believing they can come by it chea ...
Wednesday, 22 July 09
BERAU COAL DRAWS LOCAL, CHINESE BIDS - SOURCES
* Indonesian coal firm draws local, Chinese bids-sources
* Deal could value Berau at more than $1 billion-sources
Reuters reported that, China' ...
Wednesday, 22 July 09
ONE TENDERS FOR 114,000 MT FOR NOV-JAN
Moroccan state-owned power utility Office National de l’Electricité (ONE) has launched a tender for three handymax shipments of coal fo ...
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- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
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- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Minerals Council of Australia
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- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
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- Ministry of Transport, Egypt
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- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
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- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
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- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
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- Directorate Of Revenue Intelligence - India
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- Wood Mackenzie - Singapore
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- Planning Commission, India
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- Electricity Authority, New Zealand
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