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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 $55.20 per tonne, FOB, the source said.
Coal tenders by independent power projects must be approved by state electricity firm PT Perusahaan Listrik Negara (PLN), which is a monopoly power supplier in Indonesia and operates 25,000 MW of capacity.
"The deal is in the process of approval by PLN. The coal will be supplied in 2011," the source said.
The Paiton 3 expansion project is developing a 815 MW coal-fired power plant that is scheduled to start operating in early 2012.
The coal will be supplied for five years with up to three further terms of five years each at Paiton Energy's sole option, Paiton Energy said in its tender announcement.
Paiton Energy's expansion project will be part of the second phase of the government's crash programme to increase generating capacity in a bid to ease the country's chronic power shortages.
The government launched the first phase of the programme to add 10,000 MW generating capacity from 35 new coal-fired power plants, which are mostly still under construction.
Three new coal-fired power plants, with total generating capacity of 1,960 MW, are expected to start commercial operation later this year and the whole project is expected to be completed in 2011.
The government is still finalising the second phase of the crash programme which will add another 10,000 MW using coal, geothermal and renewable energy resources.
Source: Reuters
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Sunday, 04 October 09
GRASIM TO CONSOLIDATE CEMENT BIZ
The Statesman reported that, India's largest cement producer Aditya Birla group today said it would consolidate its cement businesses by merging Gr ...
Sunday, 04 October 09
GOVT THREATENS TO CANCEL COAL BLOCK ALLOTTED TO BINANI CEMENT
Economic Times reported that, The government has threatened to cancel a coal block allocated for captive use to Binani Cement saying the company see ...
Saturday, 03 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The BDI firmed up this week by almost 8 pct to 2,357 points , the main reason being jump in Cape size index by almost 22 p ...
Friday, 02 October 09
C&O SEES INDONESIA COAL PURCHASES UP 20 PCT IN 2010
Reuters reported that, Dubai-based coal trader Coal & Oil (C&0) expects its coal purchases from Indonesia to increase by at least 20 percent ...
Thursday, 01 October 09
MJUNCTION LAUNCHES INDIA'S FIRST COAL SPOT PRICE INDEX
• Named 'MJcomposite, MJsteel, MJcement, MJpower' the value weighted index will benefit Indian coal buyers by minimising risk against pr ...
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- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- Australian Coal Association
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
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