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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, 31 August 09
INDONESIA ADARO'S NET PROFIT SOARS 1,506 PERCENT ON HIGH PRICES
The Jakarta Post reported that, the country's second largest coal producer, PT Adaro Energy said Sunday that its first-half net profit soared 1,506 ...
Sunday, 30 August 09
THE FUTURES FOR THREE YEARS FOR 2010-2012 IS AROUND PANAMAX / US$ 15,500 & SUPRAMAX / US$ 13,500 PER DAY
COALspot.com (Singapore): The dry bulk market continued to be soft this week and the BDI was almost stable and closed at 2,421 points this week.
...
Friday, 28 August 09
INDONESIA SEEKS TO INCREASE COAL PRODUCTION TO BOLSTER REVENUE
The Jakarta Post, the leading english news paper in Indonesia reported that, Indonesia expects to increase coal production by up to 20 million tons ...
Friday, 28 August 09
MERCURIA ENERGY OPENS INDONESIA TRADING OFFICE
COALspot.com ( Indonesia): Mercuria Energy Group has opened a new office in Jakarta, Indonesia, focussed on trading coal.
Jakarta-based Emanuele ...
Friday, 28 August 09
COAL MINE BUYERS DUST OFF THEIR CASH ( ANALYZED BY REUTERS)
* Coal asset buyers give up waiting for bargains
* Mining majors expected to buy not sell
* South Africa a target, Indonesia less so
By Jackie ...
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- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Australian Coal Association
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
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