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Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimantan, and PT Santan Batubara.
In a public expose material submitted to Indonesia Stock Exchange, Indika owns 46% stakes in Kideco which has coal reserves of 579 million tons with concession area of 50,400 hectares. In Kalimantan Barat's coal asset, Indika controls 90% stakes at 34,200 hectares concession area.
Through PT Petrosea Tbk (PTRO), Indika owns 50% stakes in Santan Batubara with 264 million tons of coal reserves.
Kideco Expansion
At the end of March 2010, Kideco, Indonesia's third largest coal mining company, produced 6.9 million tons of coal with overberden removal of 44.8 million bcm. Kideco's strip ratio reached 6.49.
Kideco has bought equipments such as dumptrucks, excavator, and the others. It has improved crushing plant and loading facilities. Kideco has initiated development of Samarangau pit which has the largest coal reserves at Kideco's concession area.
Samarangau is estimated to have coal resouces of 694 million tons and 348 million tons of coal reserves.
Santan Production
Santan Batubara is a joint venture between Petrosea, coal mining contractor acquired by Indika mid last year, and PT Harum Energy, a coal mine company owned by Indonesian tycoon Kiki Barki. Petrosea is responsible for coal mining contract and Harum Energy holds Santan's coal marketing.
Santan has commenced a commercial production in March 2009 by mining 1.25 million tons of coal. Santan has signed five contracts of overburden removal with Petrosea. The first productions this year and 2011 are estimated to obtain 2.5 million tons of coal annually.
In mrach 2010, Santan posted US$43.79 million in revenue and recorded 660,456 tons of coal in sales.
Santan has current production capacity of 200,000 tons per month in a bid to provide coals for customers in the local market, India, Korea, and others.
Source: Insider Stories
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Wednesday, 16 September 09
NAPOCOR GETS 3 OFFERS IN COAL TENDER
ABS-CBN news reported that, The Philippines' state-run National Power Corp. (Napocor) said on Wednesday it received offers from 3 Indonesian firms ...
Wednesday, 16 September 09
S.KOREA KOSEP BUYS 1.06 MLN T COAL-SOURCE
* 6,080 kcal/kg at $63-65, 4,900-5,350 kcal/kg at $56-58
* Initially about 5 mln T offered for tender
Reuters reported that, Korea South ...
Tuesday, 15 September 09
CHINA COAL EXPORT ROSE M-O-M FOR THE STRAIGHT 3 MONTHS
Alibaba reported that, In the January-August period, China coal exports slid by 55.9% to 14.83mln tons month on month. In August, China exported 1.9 ...
Monday, 14 September 09
CIL MAY REDUCE FLOOR PRICE OF E-AUCTION COAL
After receiving a lukewarm response to the forward e-auction started in two of its subsidiaries, Coal India Limited (CIL) is mulling to reduce the f ...
Monday, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 ...
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- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Indian Energy Exchange, India
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- Economic Council, Georgia
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- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- MS Steel International - UAE
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
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