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Friday, 04 September 09
INDONESIA PAITON ENERGY BUYS COAL FROM ADARO, KIDECO
PT Paiton Energy, an Indonesian independent power producer, has agreed to buy 3 million tonnes of coal from PT Adaro Energy Tbk (ADRO.JK) and PT Kideco Jaya Agung at a recent tender, a source close to the deal said on Friday.
PT Paiton Energy runs Paiton I power plant in East Java, which has generating capacity of 1,230 megawatts (MW). It opened the tender in early August to seek coal for its Paiton 3 expansion project.
PT Adaro Energy will supply 2 million tonnes a year of coal of 5,000 kcal/kg gross as-received (GAR), at $57.50 a ton, FOB basis, the source said.
PT Kideco, in which PT Indika Energy Tbk has a 46 percent stake, will supply 1 million tonnes a year of coal of 4,900 kcal/kg GAR, at $55.20 per tonne, FOB, the source said.
Coal tenders by independent power projects must be approved by state electricity firm PT Perusahaan Listrik Negara (PLN), which is a monopoly power supplier in Indonesia and operates 25,000 MW of capacity.
"The deal is in the process of approval by PLN. The coal will be supplied in 2011," the source said.
The Paiton 3 expansion project is developing a 815 MW coal-fired power plant that is scheduled to start operating in early 2012.
The coal will be supplied for five years with up to three further terms of five years each at Paiton Energy's sole option, Paiton Energy said in its tender announcement.
Paiton Energy's expansion project will be part of the second phase of the government's crash programme to increase generating capacity in a bid to ease the country's chronic power shortages.
The government launched the first phase of the programme to add 10,000 MW generating capacity from 35 new coal-fired power plants, which are mostly still under construction.
Three new coal-fired power plants, with total generating capacity of 1,960 MW, are expected to start commercial operation later this year and the whole project is expected to be completed in 2011.
The government is still finalising the second phase of the crash programme which will add another 10,000 MW using coal, geothermal and renewable energy resources.
Source: Reuters
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Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
Thursday, 22 October 09
2ND UNITED INDONESIA CABINET UNVEILED
The Jakarta Post reported that, President Susilo Bambang Yudhoyono announced his second United Indonesia Cabinet on Wednesday night, comprising 34 m ...
Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks t ...
Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a c ...
Wednesday, 21 October 09
MINING REGULATION GENERATES CONFUSION IN INDONESIA
The Jakarta Globe reported that, Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the w ...
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- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- The Treasury - Australian Government
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- VISA Power Limited - India
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
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