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Tuesday, 05 May 09
INDONESIA'S ADARO PAYS $78.6 MLN FOR COAL-BARGING FIRM - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, said late on Monday it paid $78.6 million for a 74 percent stake in Orchard Maritime Pte Ltd, a coal-barging and ship-loading firm.
Boy Garibaldi Thohir, Adaro's president director, said in a statement that the acquisition of Singapore-based OML would improve the firm's coal supply chain.
"We will have better control of the supply chain and less counter-party risk," Thohir said.
Adaro, which has a market capitalisation of $3.4 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and Indonesian state electricity firm Perusahaan Listrik Negara (PLN). Exports account for 70-72 percent of its sales.
The firm expects to produce 42-45 million tonnes of coal this year, up from 38.5 million tonnes in 2008, and aims to increase production to 80 million tonnes per year in the next five years.
San Miguel Corp of the Philippines is in talks to buy a stake worth about $500 million in Adaro, which Goldman Sachs , Citigroup and hedge fund Farallon plan to sell.
Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK50369320090505
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Saturday, 25 April 09
KPC DEVELOPS EAST KALIMANTAN WITH GOVT - THE JAKARTA POST
Kaltim Prima Coal (KPC) focuses on several areas in its CSR projects to help the government increase the welfare of the community living around the ...
Friday, 24 April 09
NAPOCOR TO TENDER FOR 195,000 T COAL - ABS-CBNNEWS.COM
Top Philippine electricity producer National Power Corp. (Napocor) said on Friday it will hold a tender on May 20 to buy 195,000 tons of steam coal ...
Friday, 24 April 09
NTPC TO DELVE INTO CONTRACT MINING - ECONOMICTIMES
NTPC, India’s largest power producer, plans to cash in on its decades-old experience in handling coal mines by spinning off a separate u ...
Wednesday, 22 April 09
PROTECTED FORESTS FACING UNDERGROUND MINING THREAT - THE JAKARTA POST
The government is soon to issue a presidential regulation allowing mining companies to mine underground in protected forest areas, despite a recent ...
Tuesday, 21 April 09
MITRA RAJASA TO ACQUIRE TWO MINING COMPANIES - THE JAKARTA POST
PT Mitra Rajasa Tbk plans to acquire PT Realita Jaya Mandiri and PT Masindo Artha Resources in South Sumatra, which are worth around US$40 million.
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- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- MS Steel International - UAE
- Minerals Council of Australia
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Australian Coal Association
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
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