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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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Monday, 07 September 09
VALE SPENT $300 MILLION AT MOZAMBIQUE COAL MINE
Bloomberg rported that, Vale SA, the world’s biggest iron- ore producer, has so far spent about $300 million of the $1.3 billion investment in ...
Monday, 07 September 09
INDIA MAY BOOST COAL IMPORTS FROM INDONESIA - PLAN JVS
WSJ reported taht, India agreed to study setting up joint ventures with Indonesian companies to acquire coal assets, and look at other means of impo ...
Monday, 07 September 09
INDIAN COAL MAY NOT POWER NEW UMPPS
The Economic Times reported that, bidders for new ultra mega power projects (UMPP) may not get assured coal supplies from domestic mines. As per the ...
Saturday, 05 September 09
THE ECI / CHINA (S7) ROUTE SOFTENED BY ALMOST 12% AND THE CHARTER HIRE WAS AT US$ 16,346 PER DAY - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI almost same as last week at 2,415 points.The Panamax index went up b ...
Saturday, 05 September 09
SHANXI AIMS TO MAINTAIN 2009 COAL OUTPUT AT LAST YEAR'S LEVEL
Interfax-China reported that, Shanxi Province, the country's second-largest coal producing region, is aiming to keep its annual coal output a ...
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- SN Aboitiz Power Inc, Philippines
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- CNBM International Corporation - China
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- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
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- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
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- Meenaskhi Energy Private Limited - India
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- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
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- Indian Energy Exchange, India
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- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
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- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
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- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Planning Commission, India
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
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- Marubeni Corporation - India
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
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- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
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- McConnell Dowell - Australia
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- Global Coal Blending Company Limited - Australia
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- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
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- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Economic Council, Georgia
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- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
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- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
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- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
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- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
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- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
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- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
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- IEA Clean Coal Centre - UK
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