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Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry official said on Wednesday.
Growth in Southeast Asia's largest economy has been held back by poor infrastructure following years of under-investment in ports, roads and power plants.
The government wants to woo domestic and international investors to join public-private partnerships (PPPs) as a way of financing new infrastructure projects.
Dedy Supriyadi Priatna, the ministry's deputy in charge of infrastructure, said that the 185 kilometre (115 miles) railway project planned for Central Kalimantan, on the Indonesian half of Borneo island, would be built under a PPP scheme and that construction contracts would be tendered in May.
"We have received a lot of interest from local and international investors," he said.
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“Construction of the single-track coal railway project, the first of its kind in Central Kalimantan, is scheduled to start by the end of this year and begin operating in 2013 and the project is expected be the first part of a 1,900-km railway network planned for the province.”
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Under PPP schemes, the government usually provides the land and guarantee for the project, while the private sector is in charge of the construction process.
Construction of the single-track coal railway project, the first of its kind in Central Kalimantan, is scheduled to start by the end of this year and begin operating in 2013.
The project is expected be the first part of a 1,900-km railway network planned for the province.
Coal exporters currently have to rely on Central Kalimantan's rivers and limited road network to transport coal.Priatna also said that Indonesia expects to spend 918 trillion rupiah ($99 billion) in the next five years on infrastructure projects using the PPP mechanism, including power plants, toll roads, ports, housing, clean water and telecommunications projects. "The fund will be used to finance infrastructure projects proposed by six government agencies," Priatna said, referring to the ministries of public works, housing, transportation, energy, telecommunication as well as the state search and rescue agency. Of the total amount, 407 trillion rupiah is expected to be contributed by the private sector, 84 trillion rupiah from external loans and grants and about 427 trillion rupiah from the state budget.
Source: Reuters
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Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...
Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...
Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...
Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...
Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...
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- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
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- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
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- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
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- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
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- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
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- Videocon Industries ltd - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
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- LBH Netherlands Bv - Netherlands
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- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
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- Bharathi Cement Corporation - India
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- India Bulls Power Limited - India
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- Africa Commodities Group - South Africa
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- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Mjunction Services Limited - India
- The University of Queensland
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- CNBM International Corporation - China
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- Energy Link Ltd, New Zealand
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- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
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- The Treasury - Australian Government
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- The State Trading Corporation of India Ltd
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- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
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- London Commodity Brokers - England
- Thai Mozambique Logistica
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- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
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- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
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- Economic Council, Georgia
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
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- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
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- Bulk Trading Sa - Switzerland
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- Planning Commission, India
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- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
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- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
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- Tamil Nadu electricity Board
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