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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.
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Thursday, 24 March 11
DRY BULK MARKET RISES, CAPESIZES GAIN BUT REMAIN LOW EARNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market posted modest gains on Wednesday, with the Baltic Dry Index rising to 1,565 points, up by 1.43 percent on the day, led by gains ...
Wednesday, 23 March 11
INDIAS TNPL RECEIVED 1.120 MMTS OF COAL AGAINST ITS 160K MT INQUIRY
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its inquiry today.
Seven Indian coal traders have submitted price bid to sup ...
Tuesday, 22 March 11
MONNET ISPAT & ENERGY LIMITED ACQUIRES INDONESIAN COAL COMPANY THROUGH ITS SUBSIDIARY MONNET GLOBAL LIMITED
Monnet Global Limited (MGL) acquires PT Sarwa Sembada Karya Bumi, Sumatra & on part exploration the reserves of 65 million tonne on Thermal Coal ...
Tuesday, 22 March 11
RI COAL EXPORTS TO JAPAN MAY BE DIVERTED TO OTHER COUNTRIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s coal exports to Japan will likely be diverted to other countries for several months after the rece ...
Tuesday, 22 March 11
KRISHNAPATNAM PORT SETS ALL INDIA RECORD FOR COAL DISCHARGING
COALspot.com - "Krishnapatnam Port has set an all India record for discharging 71,587 tons of steam coal in just 24 hrs using the conventional ...
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- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
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