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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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Monday, 24 August 09
10 LAKH (1 MILLION) TONNE COAL BURNT IN KPT
Times of India reported that, In an unusual phenomenon, 10 lakh tonne coal cache stored at a plot in Kandla Port Trust was reduced to ashes after it ...
Monday, 24 August 09
LANCO IN TALKS FOR INDONESIAN COAL MINE
Economic Times of India reported that, Infrastructure company Lanco Infratech is in advanced talks with Indonesian engineering, procurement and cons ...
Saturday, 22 August 09
'THE BDI IS LIKELY TO BE HOLDING AROUND 2,500 POINTS' - SHIPPING UPDATE
COALspot.com (Singapore): The dry bulk market continued to be soft and the BDI dropped by 10 percent this week and closed at 24,68 points this week. ...
Saturday, 22 August 09
INDIAN COAL BUYERS RE-EMERGE WITH FRESH TENDERS
Reuters world's largest international multimedia news agency reported that,Indian coal end-users have re-emerged after a few weeks with several fre ...
Friday, 21 August 09
HUANENG YIMIN TO HIKE COAL OUTPUT
China Daily, the largest English portal in China reported that, China's first large coal-electricity joint project, Huaneng Yimin Coal Electricity ...
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- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
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- LBH Netherlands Bv - Netherlands
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- Indogreen Group - Indonesia
- Siam City Cement - Thailand
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- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
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- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Australian Coal Association
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- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
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- Commonwealth Bank - Australia
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- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
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- ASAPP Information Group - India
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- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
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- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
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- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
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- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
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- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
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- Jorong Barutama Greston.PT - Indonesia
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- Ministry of Mines - Canada
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- White Energy Company Limited
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- Simpson Spence & Young - Indonesia
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- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
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- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
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- PTC India Limited - India
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
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- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
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