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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, 10 August 09
POLICY HURDLES DELAY NALCO'S U$$ 4.166 BILLION OVERSEAS PROJECTS
National Aluminium Company Ltd's (NALCO) greenfield projects in overseas markets like Indonesia and Iran are in limbo because of political
...
Monday, 10 August 09
SAIL, TATA STEEL TO REDUCE COAL IMPORTS BY PARADIP PORT
World Shipping News reported that, Steel Authority of India Ltd (SAIL) and Tata Steel have scaled down coal imports through Paradip Port, hit by pre ...
Monday, 10 August 09
NTPC LIKELY TO SET UP POWER PLANTS IN NIGERIA AND SRILANKA
Economic time reported that, National Thermal Power Corporation Limited (NTPC), country's largest power utility, is likely to set up power plants i ...
Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to do ...
Sunday, 09 August 09
TNEB ENNORE PORT CALLS TO TRIPLE COAL OUTPUT
World Shipping News reported that, the Tamil Nadu Electricity Board (TNEB) has asked Ennore Port Ltd (EPL) to increase the port’s installed ca ...
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- Karaikal Port Pvt Ltd - India
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- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Tamil Nadu electricity Board
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- Formosa Plastics Group - Taiwan
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- ASAPP Information Group - India
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- Kohat Cement Company Ltd. - Pakistan
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- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- CNBM International Corporation - China
- London Commodity Brokers - England
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
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- Planning Commission, India
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- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
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- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
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- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Marubeni Corporation - India
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- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
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- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
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- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
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- Parry Sugars Refinery, India
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- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
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- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
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- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
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- PowerSource Philippines DevCo
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- Georgia Ports Authority, United States
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- Trasteel International SA, Italy
- Star Paper Mills Limited - India
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- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
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- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
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- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
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- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
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