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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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- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Planning Commission, India
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Marubeni Corporation - India
- PTC India Limited - India
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- The University of Queensland
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- White Energy Company Limited
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
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