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Monday, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
 In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 billion, 185 km-coal railway project in Central Kalimantan.
Bambang Susantono, a deputy for infrastructure and regional development at the Coordinating Ministry for Economic Affairs, said on Sunday that the government was hopeful the project — which could be put into a tender by early next year — would draw interest from investors with the numerous incentives it planned to provide.
In addition to the long concession and the guarantees regarding land acquisition, the government will also offer competitive pricing to provide investors with business certainty.
“There will be a pricing formula, to be determined later on, to ensure certainty for investors throughout the 30-year concession period,” Bambang said in interview.
On Friday, the Central Kalimantan provincial administration started sounding out interest in the projects, which will link Puruk Cahu and Bangkuang, by inviting investors from domestic and overseas markets, as well as embassy representatives.
“The project is expected to finish by 2012,” Central Kalimantan Governor Agustin Teras Narang told reporters Friday, adding that the government was now also trying buy the land for the project, as the feasibility studies had been completed earlier this month.
Data from the provincial administration shows that 70 percent of the 16-million-square-meter land to be acquired is state-owned.
Therefore, only 30 percent of the land belongs to the residents, Agustin said.
He added that acquiring the land would not be a big problem, as population density in the area was low. The provincial government may even provide settlements for the relocated people, Agustin said.
He said the project scope included land acquisition, the construction of a single railway track between Puruk Cahu and Bangkuan (including civil construction, bridge signaling and facility works), as well as the construction of stations, workshops and depots, along with coal loading and unloading facilities.
Data shows the project will affect 24 coal miners whose production capacity is between 300,000 tons and 5 million tons per year.
The railway will be capable of transporting 10 million tons of coal per year, and 20 million tons after the first 10 years, Agustin said. (nia)
Source: The Jakarta Post
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Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
Wednesday, 28 October 09
INVESTMENT IN MINING SECTOR HAMPERED BY LATE REGULATIONS
The Jakarta Post reported that, Indonesia may have to wait for a potential massive inflow of new investment into the mining sector due to delays in ...
Tuesday, 27 October 09
CHINA'S SEPT. COAL IMPORTS RISE AS ECONOMY RECOVERS
Bloomberg reported that, China, the world’s largest coal user and producer, increased imports of the fuel in September to meet rising domest ...
Monday, 26 October 09
DARWIN EYES PRIVATE INVESTMENT
The Jakarta Post reported that, the new energy and ministerial resources minister, Darwin Zahedy Saleh, has set his sights on accelerating the reali ...
Sunday, 25 October 09
THE FUTURE FREIGHT MARKET IS EXPECTED TO HAVE POSITIVE DIRECTION - VISTAAR
COALspot.com (Singapore): According to Vistaar Shipping an experienced ship operator in Singapore, the BDI shot up this week (19-24 October) by abou ...
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- Orica Mining Services - Indonesia
- White Energy Company Limited
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- IEA Clean Coal Centre - UK
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- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
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- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
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- Gujarat Sidhee Cement - India
- Economic Council, Georgia
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- The Treasury - Australian Government
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- Indonesian Coal Mining Association
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- Energy Link Ltd, New Zealand
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- Riau Bara Harum - Indonesia
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- ICICI Bank Limited - India
- Heidelberg Cement - Germany
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- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
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- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
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- Indian Oil Corporation Limited
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- Neyveli Lignite Corporation Ltd, - India
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- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Planning Commission, India
- The University of Queensland
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
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- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
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- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
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- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Anglo American - United Kingdom
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- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
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- Thai Mozambique Logistica
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
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- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
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- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
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- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
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- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
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- OPG Power Generation Pvt Ltd - India
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