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
Friday, 06 May 11
BUKIT ASAM TO CLOSE COAL TAKEOVER IN Q2 - INSIDER STORIES


The state-controlled PT Tambang Bukit Asam Tbk (PTBA) expects to complete acquisition of two coal mining companies from four companies which is now reviewed, as quoted by Insider Stories.

The acquisition, said Bukit Asam CEO Sukrisno, is expected to complete in the second or third quarter of this year. These two coal mines are expected to start production by 2012 with capacity of 1 million tons-2.5 million tons.

Besides the acquisition, Bukit Asam and its consortia has passed the qualification for tender of four power plants.

Bukit Asam has tied up Chinese Hua Tian for the power plant project with capacity of 2x600 MW in South Sulawesi, 2x300 MW in South Sumatra in partnership with subsidiary of PT United Tractors Tbk.

Bukit Asam will bankroll the project with internally generated cash flow which reached Rp 5 trillion (approximately US$ 583.771 million).

The company expects to reach net profit of above Rp 3 trillion (approximately US$ 350.262 million) in 2011 from Rp 2 trillion (approxiamtely US$ 233.508 million) last year because of higher sales volume and prices.

Sales volume is expected to increase 31% to 16.9 million tons of coal in 2011 from 12 million tons last year. The revenue is estimated to rise 46.34% to Rp12 trillion (approximately US$ 1.401 billion) from Rp 8.2 trillion (approxiamtely US$ 957.384 million).

"We estimate our 2011's average selling prices of US$ 80 per ton from $ 61.5 ton," He said.

The company provides capital expenditure of Rp1.8 trillion (approximately US$ 210.157) to support this target will finance from generated internally cash.



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

Recent News

Thursday, 08 September 11
TRADA MARITIME BUYS GUNUNG BARA UTAMA
Insider Stories reported that, PT Trada Maritime Tbk (TRAM) has purchased convertible bonds issued by PT Awesome Coal from Zakia Limited. The memora ...


Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a U ...


Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...


Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...


Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomale ...


   1018 1019 1020 1021 1022   
Showing 5096 to 5100 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 ...

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