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

Monday, 28 February 11
COAL INDIA HIKES PRICES BY 12% FOR SELECT CONSUMERS - ECONOMIC TIMES
Economic Times reported that, Coal India has raised prices by an average 12% for some of its consumers from Sunday, boosting its revenue by 6,000 cr ...


Saturday, 26 February 11
CIL TO HIKE COAL PRICES BY 15 PC FROM TONIGHT - THE TIMES OF INDIA
The Times of India reported that, an Indian State-run coal producer, Coal India will raise the price of coal on an average by about 15 per cent with ...


Saturday, 26 February 11
SUPRAMAX INDEX WAS UP ABOUT 10 PERCENT THIS WEEK - VISTAAR
COALspot.com - The market started on a weak note and seemed to have lost the momentum seen the previous week. The main sectors affected were Cape an ...


Saturday, 26 February 11
PEABODY ENERGY ENTERS INTO COAL SOURCING AGREEMENT ACCESSING INDONESIAN COAL FOR EXPORT
Peabody Energy today said it has entered into an agreement with Indonesia's PT Cahaya Energi Mandiri (CEM) to source 2 million tons of coal for Asi ...


Thursday, 24 February 11
DRY BULK MARKET KEEPS LOSING GROUND, CAPESIZES SUFFERING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground yesterday, as the industry’s benchmark, the Baltic Dry Index was rapidly falling, ending the session d ...


   1071 1072 1073 1074 1075   
Showing 5361 to 5365 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 ...

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