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Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a contract to supply coal to a power plant in West Java, the state firm said on Wednesday.
PT Perusahan Listrik Negara (PLN) wants to set aside the coal for its strategic reserves as its heating value is too low for use in the Suralaya power plant, Pudji Widodo, PLN's head of coal, said.
PT Arutmin Indonesia, a unit of Bumi, Indonesia's largest coal producer by volume, and PT Kasih Industri have contracts to supply a combined 2.1 million tonnes of low-quality coal annually to the 3,400 MegaWatt power plant, starting in 2009.
But the coal supplied under the contract has a heating value of 4,200 kcal/kg gross as-received (GAR) while Suralaya used coal with heating value of 5,000 kcal/kg GAR, Widodo said.
"The board of directors has decided that Suralaya should use higher-calorie coal," Widodo told Reuters. "So we are in talks with producers on deferring the contract and keeping it as strategic reserves."
Bumi and Kasih Industri could not immediately be reached for comment.
Widodo said the contract with the two coal producers ran for 20 years, adding that previous problems with coal supplies meant it was crucial to maintain sufficient coal reserves.
Last year, disruptions in coal shipments, partly due to bad weather, caused blackouts in Java and Bali, Indonesia's two main commercial islands.
Most coal-fired power plants are located in densely populated Java island and coal shipments have to be made from mining areas in Sumatra and Kalimantan.
Widodo said the coal reserves could be used if bad weather disrupted supply to power plants or coal demand jumped because of a rise in electricity consumption.
The coal could also be used as strategic reserve for new coal-fired power plants being built under a crash government programme to add 10,000 MW of generating capacity by 2011 to ease chronic power shortages.
A second programme is due to add another 10,000 MW of capacity.
PLN has a monopoly in Indonesia and operates 25,000 MW of capacity, but most of its plants are old and output is far below capacity.
So it is under pressure to ramp up capacity and modernise its plants. It has switched to natural gas and coal to meet demand and cut consumption of crude oil.
Indonesia, the world's top thermal coal exporter, has said it plans to cap coal exports at 150 million tonnes a year possibly from 2010 in order to prioritise domestic demand.
The move is not expected to have an immediate impact on exports because output is currently outpacing domestic demand.
A government official said last week Indonesian coal production was expected to rise about 9 percent to 250 million tonnes in 2010.
Source: Reuters
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Wednesday, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to sta ...
Wednesday, 21 October 09
COAL DEMAND SOARS AS ASIA ECONOMIES REBOUND - PEABODY
Reuters reported that, Demand for coal to generate electricity and make steel in China and India is expected to grow by 7 percent to 8 percent annua ...
Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdl ...
Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the ...
Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES
* RECAPITAL CONFIRMS IT HAS BID FOR BERAU
* BAKRIE GROUP LIKELY TO BACK BID – SOURCES
...
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- Xindia Steels Limited - India
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- Ministry of Transport, Egypt
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- Petrochimia International Co. Ltd.- Taiwan
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- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
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- Ministry of Mines - Canada
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- Romanian Commodities Exchange
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
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- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
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- The Treasury - Australian Government
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- McConnell Dowell - Australia
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- Thiess Contractors Indonesia
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- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
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- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
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- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
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- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
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- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
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- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
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- White Energy Company Limited
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- Coastal Gujarat Power Limited - India
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- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
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- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
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- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
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- Gujarat Mineral Development Corp Ltd - India
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- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
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- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
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- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
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- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
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- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
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- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Eastern Coal Council - USA
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- Makarim & Taira - Indonesia
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- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
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- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
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- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
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- Parliament of New Zealand
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- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
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