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

Sunday, 21 June 09
CHINESE MINERS SEAL THERMAL COAL DEALS WITH JAPAN AND KOREA
As the confrontation between China's power and coal enterprises become more and more serious, coal enterprises which had supposedly been in the sho ...


Sunday, 21 June 09
MERCATOR TO BUY 3 BULK VESSELS
Mercator Lines, India’s second-largest private shipping company, is expanding its capacity and is set to acquire three gearless post-Panamax b ...


Sunday, 21 June 09
COAL SCARCITY HITS BIHAR POWER PLANTS
The Rs 60,000 crore 12,500mw power projects cleared by the State Investment Planning Board (SIPB) which could change the face of Bihar if commission ...


Sunday, 21 June 09
NLC CHALKS OUT RS 40K CR INVESTMENT
Public sector mini rathna, Neyveli Lignite Corporation is in rapid expansion mode and has chalked out Rs 40,000 crore investment both in the mining ...


Sunday, 21 June 09
TRANSPORT PROBLEMS HOLD BACK RUSSIAN COAL EXPORTS
Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia's leading coal producers to increase exports quickly to ...


   1331 1332 1333 1334 1335   
Showing 6661 to 6665 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 ...

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