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
Wednesday, 05 January 11
BUKIT ASAM TARGETS 20% BUY TO GROW COAL TRANSPORT CAPACITY - THE JAKARTA GLOBE


The Jakarta Globe reported that, Indonesian coal producer Tambang Batubara Bukit Asam is considering buying an additional 20 percent stake in Bukit Asam Transpacific Railway from the Rajawali Group, a company executive said.

“By increasing ownership in the railway company, we expect to have an additional 25 million tons of transport capacity for our coal,” Achmad Sudarto, corporate secretary of Tambang Batubara Bukit Asam, said in an interview with the Jakarta Globe.

Bukit Asam has an option to buy an additional 20 percent stake in Transpacific, he said. It currently holds a 10 percent stake in the railway.

“We are planning to buy the stake from the Rajawali Group, and we will use our internal funds to finance the purchase,” he said, adding that Bukit Asam would need $320 million to buy the additional 20 percent.

However, Bukit Asam’s president director, Sukrisno, told Bisnis Indonesia on Monday that the company would seek $272 million in bank loans to fund the purchase, a Bloomberg report said.

Bukit Asam Transpacific is 80 percent controlled by Transpacific Railway Infrastructure, a corporation owned by the Rajawali Group. The remaining 10 percent is owned by the China Railway Engineering Corporation.

The railway company plans to build a 307-kilometer rail line from Tanjung Enim in South Sumatra to Bandar Lampung in Lampung. Bukit Asam has a coal mine in Tanjung Enim.

Rajawali Group representatives were not immediately available for comment.

Ibrahim, a senior commodities analyst for Askap Futures, said bad winter weather in Europe and the United States had pushed oil prices higher and had also affected coal prices since many people use coal for energy.

“Coal prices will continue to increase in the first half of 2011, at least until the bad weather in Europe and America ends,” he said.

Bukit Asam forecast its coal sales would reach 14 million tons by the end of 2010. It sold 9.8 million tons of coal in the first nine months of last year, 12 percent higher than the 8.7 million tons it sold the first nine months of 2009, the company said in November.

The company signed a head of agreement in August to develop a coal train railroad and a coal terminal with Adani Global, an Indian company, and the South Sumatra provincial government. The HoA covers developing railroads for coal-carrying trains from Tanjung Enim to Samutra Tanjung Api-Api Harbo
Source: The Jakarta Globe



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

Recent News

Tuesday, 04 January 11
DRY BULK MARKET TO RANGE BETWEEN 1,700 AND 2,600 POINTS IN THE FIRST QUARTER OF 2011, ANALYSTS SAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As we entered 2011, ship owners and analysts, as well as shipbrokers are looking into their “crystal balls” to try to decode the dry bul ...


Monday, 03 January 11
TAXATION FOR COAL MINING COMPANIES IN INDONESIA - A TAX EXPERTS VIEW
COALspot.com - Mrs. Sri Wahyuni Sujono, managing partner of SF Consulting has wrote an exclusive report regarding taxation for coal mining companies ...


Sunday, 02 January 11
JAISWAL TO SEEK COAL MINES IN AFRICA - HINDUSTAN TIMES
Coal Minister Sriprakash Jaiswal will talk with his counterparts in South Africa and Mozambique during his visit from January 5 to secure coal asset ...


Saturday, 01 January 11
COAL PRODUCTION EXPECTED TO EXCEED 340 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce 340 million tons of coal in 2011, an increase of 23 percent from 275 millio ...


Friday, 31 December 10
STC TO FINALIZE 12 MILLION MT OF COAL IMPORT CONTRACT TO TWO INDIAN AND A DUBAI BASED COAL TRADER - SOURCES
COALspot.com - World's single largest coal import tender floated by STC on behalf of state utility NTPC to finalize its suppliers or already finali ...


   1090 1091 1092 1093 1094   
Showing 5456 to 5460 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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