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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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- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
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- Leighton Contractors Pty Ltd - Australia
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- Power Finance Corporation Ltd., India
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- CNBM International Corporation - China
- Goldman Sachs - Singapore
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- VISA Power Limited - India
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
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- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
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- Africa Commodities Group - South Africa
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- Chamber of Mines of South Africa
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- Economic Council, Georgia
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- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Medco Energi Mining Internasional
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- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
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- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
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- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
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- Parliament of New Zealand
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- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
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- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
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- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
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- Pipit Mutiara Jaya. PT, Indonesia
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- AsiaOL BioFuels Corp., Philippines
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- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Attock Cement Pakistan Limited
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- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
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