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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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Sunday, 13 March 11
COAL NO LONGER A CHEAP ENERGY SOURCE - THE SUNDAY LEADER
The Sunday Leader reported that, the addition of power generated through coal power to the country’s national grid was initially expected to r ...
Sunday, 13 March 11
THE FREIGHT MARKET SEEMS WILL BE FIRM FOR MARCH AND APRIL - VISTAAR
COALspot.com - The freight market continued to rise with the BDI crossing 1500 points and the cape size index up by 32 pct and all other segments al ...
Friday, 11 March 11
THE HANDY MARKET IS QUITE VOLATILE
Handy
Lacklustre week as the USG is the only bright light with high volumes of petcoke/coal into the Med (paying mid 20´s bss aps USG). Litt ...
Thursday, 10 March 11
DRY BULK MARKET SHOWING SIGNS OF STRONGER RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market jumped by 3.37% yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI), moving up to 1,472 points, levels no ...
Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal c ...
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- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Australian Coal Association
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
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