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

Friday, 04 September 20
IN A DEEPENING DEBT HOLE OF $34 BILLION, INDONESIA’S PLN MUST STOP DIGGING - IEEFA
The utility has added IDR100 trillion in debt annually for the last five years Utilities globally started changing the way they do business ye ...


Friday, 04 September 20
KOMIPO INVITED BIDS FOR AUSTRALIAN MIN 5,700 NCV COAL FOR NOVEMBER
COALspot.com: Korea Midland Power Co. Ltd, has issued an International tender for 260,000 MT Min.5,700 kcal/kg NCV coal November, 2020 loading. Acc ...


Thursday, 03 September 20
BRINGING SERVICES OF FTCCI CLOSER TO THE EXPORTERS AT GMR AIR CARGO COMPLEX AT SHAMSHABAD
Press Release: “FTCCI Trade Facilitation Services at your doorstep now” says J.S. Chandrashekar, IRS., Principal Commissioner of Custom ...


Thursday, 03 September 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...


Wednesday, 02 September 20
COAL PRODUCTION FALLS 7% IN APR-AUG; OFF TAKE DIPS 13.4% - FINANCIAL EXPRESS
In the month of August coal off take also increased 9.3% y-o-y to 44.34 MT as compared with 40.57 MT in the same period last year.   C ...


   158 159 160 161 162   
Showing 796 to 800 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 ...

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