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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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Tuesday, 06 October 09
COAL INDIA AIMS TO BUY MINE ABROAD BY MARCH
*Coal India to issue its first coal import tender by Nov
*ArcelorMittal, 9 others in race to develop abandoned mines
*52 firms keen to partner coa ...
Monday, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indomi ...
Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mi ...
Sunday, 04 October 09
INDONESIAN COAL EXCHANGE FOR PRICE BENCHMARKING IN OFFING
Reuters cited Mr Bob Kamandanu chairman of the Indonesian Coal Producers Association as saying that Indonesia plans to set up a coal exchange to cre ...
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- Kalimantan Lumbung Energi - Indonesia
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- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
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- Australian Commodity Traders Exchange
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- Sojitz Corporation - Japan
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- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Petron Corporation, Philippines
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- Energy Link Ltd, New Zealand
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- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
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- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
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- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
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- Maheswari Brothers Coal Limited - India
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- Sarangani Energy Corporation, Philippines
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- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
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- Thai Mozambique Logistica
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- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
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- India Bulls Power Limited - India
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- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
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- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Sical Logistics Limited - India
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- London Commodity Brokers - England
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
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- Chamber of Mines of South Africa
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- Global Business Power Corporation, Philippines
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Trasteel International SA, Italy
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- Bhatia International Limited - India
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- Global Coal Blending Company Limited - Australia
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- Electricity Generating Authority of Thailand
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- Singapore Mercantile Exchange
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