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
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



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

Recent News

Friday, 07 August 09
COAL-PRICE FORECAST RAISED AT MERRILL ON CHINA, INDIA DEMAND
Bloomberg reported that, Bank of America Corp.’s Merrill Lynch & Co. unit increased its price forecast for Asian power-station coal becaus ...


Friday, 07 August 09
CHINESE DEMAND FOR FOREIGN COAL SOARS
Mining Weekly reported that, Chinese coal imports rocketed by 126,3%, year-on-year, in the first half of this year, the country’s customs auth ...


Thursday, 06 August 09
RICHARDS BAY COAL SHIPMENTS FELL 3% ON YEAR IN JULY
Bloomberg reported that, Richards Bay Coal Terminal, Africa’s largest coal-export facility, exported 3 percent less of the fuel in July than i ...


Thursday, 06 August 09
NTPC LOOKS TO BYPASS STATE TRADING FIRMS ON COAL IMPORT
A reduced coal import bill for NTPC could lead to lower power tariffs Live mint.com reported that, India’s largest power generation utility ...


Thursday, 06 August 09
CHINA JULY COAL IMPORTS AT 9.5 MLN T, DEMAND FIRM
* Coal imports at key ports in July 2.8 times year-ago levels * July coal imports down nearly 40 percent from June * China still buying overseas c ...


   1305 1306 1307 1308 1309   
Showing 6531 to 6535 news of total 6871
News by Category
Popular News
 
Total Members : 28,699
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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