COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

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& ...


   150 151 152 153 154   
Showing 756 to 760 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • 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
  • Qatrana Cement - Jordan
  • Indorama - Singapore
  • Petrochimia International Co. Ltd.- Taiwan
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Infraline Energy - India
  • International Coal Ventures Pvt Ltd - India
  • Maersk Broker
  • Altura Mining Limited, Indonesia
  • Eastern Coal Council - USA
  • Eastern Energy - Thailand
  • J M Baxi & Co - India
  • Star Paper Mills Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • APGENCO India
  • Kumho Petrochemical, South Korea
  • Thriveni
  • Lafarge - France
  • Moodys - Singapore
  • Australian Coal Association
  • Indogreen Group - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Mitra SK Pvt Ltd - India
  • The India Cements Ltd
  • Argus Media - Singapore
  • Ceylon Electricity Board - Sri Lanka
  • HSBC - Hong Kong
  • Noble Europe Ltd - UK
  • Jorong Barutama Greston.PT - Indonesia
  • Kobexindo Tractors - Indoneisa
  • ANZ Bank - Australia
  • European Bulk Services B.V. - Netherlands
  • World Bank
  • IMC Shipping - Singapore
  • Shree Cement - India
  • 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
  • McKinsey & Co - India
  • bp singapore
  • India Bulls Power Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • PetroVietnam
  • Chamber of Mines of South Africa
  • Freeport Indonesia
  • Asia Cement - Taiwan
  • Borneo Indobara - Indonesia
  • JPMorgan - India
  • Intertek Mineral Services - Indonesia
  • Formosa Plastics Group - Taiwan
  • Japan Coal Energy Center
  • KPCL - India
  • Arutmin Indonesia
  • SMG Consultants - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • U S Energy Resources
  • Rashtriya Ispat Nigam Limited - India
  • Planning Commission, India
  • IBC Asia (S) Pte Ltd
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Cement Manufacturers Association - India
  • Pinang Coal Indonesia
  • Coal Orbis AG
  • Heidelberg Cement - Germany
  • SGS (Thailand) Limited
  • 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
  • Geoservices-GeoAssay Lab
  • AsiaOL BioFuels Corp., Philippines
  • South Luzon Thermal Energy Corporation
  • Semirara Mining and Power Corporation, Philippines
  • Trasteel International SA, Italy
  • Peabody Energy - USA
  • Kideco Jaya Agung - Indonesia
  • Petrosea - Indonesia
  • Total Coal South Africa
  • GAC Shipping (India) Pvt Ltd
  • Carbofer General Trading SA - India
  • Adani Power Ltd - India
  • Platts
  • RBS Sempra - UK
  • Antam Resourcindo - Indonesia
  • Thailand Anthracite
  • CCIC - Indonesia
  • Enel Italy
  • SMC Global Power, Philippines
  • Oldendorff Carriers - Singapore
  • IEA Clean Coal Centre - UK
  • ACC Limited - India
  • SUEK AG - Indonesia
  • Coeclerici Indonesia
  • 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
  • Xstrata Coal
  • Parliament of New Zealand
  • Global Coal Blending Company Limited - Australia
  • Ministry of Finance - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Core Mineral Indonesia
  • Coal India Limited
  • NALCO India
  • Pendopo Energi Batubara - Indonesia
  • Jatenergy - Australia
  • Samtan Co., Ltd - South Korea
  • McConnell Dowell - Australia
  • World Coal - UK
  • Iligan Light & Power Inc, Philippines
  • KOWEPO - South Korea
  • Glencore India Pvt. Ltd
  • Barclays Capital - USA
  • Coalindo Energy - Indonesia
  • BRS Brokers - Singapore
  • TRAFIGURA, South Korea
  • Directorate Of Revenue Intelligence - India
  • Salva Resources Pvt Ltd - India
  • Baramulti Group, Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • CESC Limited - India
  • Merrill Lynch Bank
  • Bank of China, Malaysia
  • Metalloyd Limited - United Kingdom
  • GN Power Mariveles Coal Plant, Philippines
  • Attock Cement Pakistan Limited
  • Runge Indonesia
  • Malco - India
  • Aboitiz Power Corporation - Philippines
  • Mitsubishi Corporation
  • Deutsche Bank - India
  • Gupta Coal India Ltd
  • 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
  • Ernst & Young Pvt. Ltd.
  • Arch Coal - USA
  • Cargill India Pvt Ltd
  • Surastha Cement
  • Gujarat Sidhee Cement - India
  • Ministry of Transport, Egypt
  • Sakthi Sugars Limited - India
  • Mitsui
  • ING Bank NV - Singapore
  • UBS Singapore
  • Adaro Indonesia
  • EIA - United States
  • Mercator Lines Limited - India
  • Georgia Ports Authority, United States
  • Cosco
  • Krishnapatnam Port Company Ltd. - India
  • Electricity Generating Authority of Thailand
  • Humpuss - Indonesia
  • ICICI Bank Limited - India
  • GHCL Limited - India
  • Fearnleys - India
  • CIMB Investment Bank - Malaysia
  • Bayan Resources Tbk. - Indonesia
  • Cebu Energy, Philippines
  • Indian Oil Corporation Limited
  • Thomson Reuters GRC
  • 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
  • Rudhra Energy - India
  • Posco Energy - South Korea
  • Riau Bara Harum - Indonesia
  • Reliance Power - India
  • UOB Asia (HK) Ltd
  • Straits Asia Resources Limited - Singapore
  • Price Waterhouse Coopers - Russia
  • New Zealand Coal & Carbon
  • Cemex - Philippines
  • Ince & co LLP
  • Sindya Power Generating Company Private Ltd
  • Manunggal Multi Energi - Indonesia
  • Makarim & Taira - Indonesia
  • Kaltim Prima Coal - Indonesia
  • SRK Consulting
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • globalCOAL - UK
  • 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
  • Credit Suisse - India
  • Sucofindo - Indonesia
  • Grasim Industreis Ltd - India
  • Tata Power - India
  • Bhatia International Limited - India
  • Maruti Cements - India
  • Clarksons - UK
  • PLN Batubara - Indonesia
  • 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
  • Bank of America
  • Commonwealth Bank - Australia
  • Bukit Makmur.PT - Indonesia
  • GVK Power & Infra Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • SASOL - South Africa
  • Jaiprakash Power Ventures ltd
  • ETA - Dubai
  • Banpu Public Company Limited - Thailand
  • TNPL - India
  • Medco Energi Mining Internasional
  • Inco-Indonesia
  • Indonesia Power. PT
  • 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
  • Indian School of Mines
  • Russian Coal LLC
  • Tanito Harum - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Berau Coal - Indonesia
  • Samsung - South Korea
  • Vale Mozambique
  • Petron Corporation, Philippines
  • Panama Canal Authority
  • KEPCO - South Korea
  • Africa Commodities Group - South Africa
  • IOL Indonesia
  • PLN - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Central Electricity Authority - India
  • Maybank - Singapore
  • CoalTek, United States
  • Asian Development Bank
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • EMO - The Netherlands
  • 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
  • GNFC Limited - India
  • Orica Australia Pty. Ltd.
  • Romanian Commodities Exchange
  • Goldman Sachs - Singapore
  • Dalmia Cement Bharat India
  • Vitol - Bahrain
  • Coal and Oil Company - UAE
  • Port Waratah Coal Services - Australia
  • PNOC Exploration Corporation - Philippines
  • Indonesian Coal Mining Association
  • Merrill Lynch Commodities Europe
  • Mechel - Russia
  • KPMG - USA
  • Anglo American - United Kingdom
  • Timah Investasi Mineral - Indoneisa
  • Binh Thuan Hamico - Vietnam
  • BNP Paribas - Singapore
  • LBH Netherlands Bv - Netherlands
  • Marubeni Corporation - India
  • Kobe Steel Ltd - Japan
  • Bukit Baiduri Energy - Indonesia
  • Malabar Cements Ltd - India
  • Neyveli Lignite Corporation Ltd, - India
  • JPower - Japan
  • GB Group - China
  • Thermax Limited - India
  • Indian Energy Exchange, India
  • TGV SRAAC LIMITED, India
  • Semirara Mining Corp, Philippines
  • Vedanta Resources Plc - India
  • Xindia Steels Limited - India
  • WorleyParsons
  • NTPC Limited - India
  • Gresik Semen - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Independent Power Producers Association of India
  • DBS Bank - Singapore
  • Globalindo Alam Lestari - Indonesia
  • The University of Queensland
  • Essar Steel Hazira Ltd - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Bangkok Bank PCL
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • ASAPP Information Group - India
  • TeaM Sual Corporation - Philippines
  • Lanco Infratech Ltd - India
  • Sinarmas Energy and Mining - Indonesia
  • Inspectorate - India
  • Idemitsu - Japan
  • Shenhua Group - China
  • Kalimantan Lumbung Energi - Indonesia
  • Coaltrans Conferences
  • Bharathi Cement Corporation - India
  • Coastal Gujarat Power Limited - India
  • Bulk Trading Sa - Switzerland
  • MEC Coal - Indonesia
  • Tamil Nadu electricity Board
  • Economic Council, Georgia
  • Permata Bank - Indonesia
  • Thai Mozambique Logistica
  • Mintek Dendrill Indonesia
  • Britmindo - Indonesia
  • OCBC - Singapore
  • TANGEDCO India
  • Siam City Cement - Thailand
  • Karbindo Abesyapradhi - Indoneisa
  • Global Green Power PLC Corporation, Philippines
  • Bahari Cakrawala Sebuku - Indonesia
  • Platou - Singapore
  • Cardiff University - UK