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Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), will accomplish acqusition of two coal mine companies in South Kalimantan in the second half this year.
Speaking after annual general shareholder meeting, United Tractors' Corporate Secretary Sarah Loebis said Pamapersada has completed due diligence for two mining companies. "We will close the acquisitiond deal in the second half this year," she said.
Pamapersada has entered into shares sale agreement on January 14 2010 in a bid to acquire 30% stakes in two coal mining companies namely PT Asmin Bara Bronang and PT Asmin Bara Jaan with shareholders of both companies PT Mandira Sanni Pratama and PT Andalan Teguh Berjaya.
Both coal mining companies own coal concession areas in Kapuas and Murung Raya, Central Kalimantan. The acquisition deal is worth US$40.1 million and Rp75 million.
In January 2010, Pamapersada has paid US$11.6 million in cash and put US$28.6 million in escrow account which will be drawn down maximum in the next 12 months based on shares sale agreement.
In January 2010, Mandira Sanni Pratama was controlling share holder of a wounded sea transportation company PT Arpeni Pratama Ocean Line Tbk (APOL), while PT Ayrus Prima owned 21.04% stakes, Morgan Stanley & Co held 9,81%, and Melon S/A Cundill Recovery FD owned 8.30%, DEG 8.67%, and public holders held the remaining.
Source: Insider Stories
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Tuesday, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of t ...
Tuesday, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
The Jakarta globe reported that, In The country’s coal output may reach 320 million tons this year, up from 300 million tons in 2009, as produ ...
Tuesday, 25 May 10
CHINA'S COAL SHIPMENTS VIA ITS MAIN PORTS RISE BY 13.1 PERCENT IN APRIL
According to the data issued by China's Ministry of Industry and Information on May 21, in April total coal shipments via China's main ports reach ...
Monday, 24 May 10
SAMTAN TO SELL KIDECO TO INDIKA ENERGY?
Insider Stories reported that, Parent company of Indonesia's coal mining contractor PT Petrosea Tbk (PTRO), PT Indika Energy Tbk (INDY) aims to boo ...
Monday, 24 May 10
INDIA'S ESSAR SHIPPING BEGIN COMMERCIAL OPERATIONS OF BULK TERMINAL AT HAZIRA
COALspot.com: Essar Shipping Ports & Logistics Ltd. commences commercial operations of Essar Bulk Terminal at Hazira, one of India's largest dr ...
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- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Goldman Sachs - Singapore
- The University of Queensland
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
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