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Friday, 14 October 11
ADARO BUYS SERVO MEDA FOR RP200 BIO - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk (ADRO) announced that its subsidiary PT Alam Tri Abadi (ATI), acquired 35% stake in PT Servo Meda Sejahtera (SMS) for Rp200 billion (US$ 22.560 million) from PT Servo Infrastructure (SI).
Garibaldi Thohir, CEO of Adaro Energy, in a morning note published by PT Mandiri Sekuritas today, said that it is part of the company’s strategy in developing coal mining asset in South Sumatra, which creating long term sustainable complete integrated value chain.
Servo Meda is a privately integrated coal mining services company that established in the idea of developing transportation solution to South Sumatra region. Through its subsidiary, PT Servo Lintas Raya, Servo develop and construct 228 km haul road in South Sumatera for coal transportation that will connect the mines in Lahat, Muara Enim and Banyuasin regencies with terminal in Tanjung Lago at Banyuasin river.
The 1st construction stage has started since October 2008 and It has a capacity target of 50 million tons of coal in the fourth or 50 years of its operation.
Servo also owns coal mines in Lahat regency including PT Batubara Lahat, PT Bumi Merapi Energy and PT Bara Alam Sumatera which also have legal issue with PTBA. It produced about 3 million tons of coal per year. Servo also has coal mines in Lokpaikat and Bungur in South Kalimantan with a total production of 2 million tons of coal per year.
"We expect It is part of series transaction with the recent 75% stake coal asset acquisition of Mustika Indah Permai (MIP). Altogether Adaro coupling local partners in Lahat region to strengthen its position to leverage its inorganic growth by unlocking abundant “coal treasure” in South Sumatra."
However it remains a long time story to talk about the development of their projects since it is still in a legal case with PTBA which most of their concessions are halted in the meantime waiting for final decision from supreme court.
Source: Insider Stories
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Wednesday, 21 October 20
INDIA: THE COMMERCIALISATION OF COAL BLOCKS WILL BENEFIT THE ECONOMY - HINDU BUSINESS LINE
As the government of India receives 76 bids for 23 coal mines against the 38 up on auction, what does this commercialisation of coal block allocati ...
Wednesday, 21 October 20
MARKET INSIGHT - INTERMODAL
The second wave of COVID-19 is now a reality; offices are closing again, and stricter rules and regulations are being implemented in public spaces. ...
Tuesday, 20 October 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.82 PCT - XINHUA
China Taiyuan coal transaction price index stood at 127.49 points Monday, up 0.82 percent week on week.
The index, released by China ...
Tuesday, 20 October 20
BIMCO 'SHIPLEASE' TERM SHEET - WATSON FARLEY & WILLIAMS
KNOWLEDGE TO ELEVATE
The ever-growing importance of sale and leaseback transactions as an alternative to financing ships by way of loan, makes ...
Friday, 16 October 20
KOMIPO ON BEHALF OF K GENCO'S INVITED BIDS FOR TOTAL 715,000 MT MIN. 5,700 NAR COAL FOR DECEMBER
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) on behalf of EWP, KOSPO, KOSEP and KOWEPO has issued an international tender for total 715,000& ...
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- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Thai Mozambique Logistica
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
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