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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, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...
Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Tuesday, 08 September 09
INDIA MAY HAVE A JOINT WORKING GROUP FOR COAL WITH INDONESIA: SRIPRAKASH JAISWAL - PRESS RELEASE
Press Information Bureau of India reported in its web site that, The Coal Ministry has, in principle, agreed to set up a Joint Working Group for coa ...
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- Indonesian Coal Mining Association
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- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
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- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- The University of Queensland
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- Economic Council, Georgia
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- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
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- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
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- Chamber of Mines of South Africa
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- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
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- Central Electricity Authority - India
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- Formosa Plastics Group - Taiwan
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- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
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- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
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- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Australian Coal Association
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- Posco Energy - South Korea
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
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- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Deloitte Consulting - India
- Medco Energi Mining Internasional
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- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- PTC India Limited - India
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
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- Eastern Energy - Thailand
- Parliament of New Zealand
- Australian Commodity Traders Exchange
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- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
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- Electricity Generating Authority of Thailand
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- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
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