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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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Saturday, 18 February 23
PAKISTAN PLANS TO QUADRUPLE DOMESTIC COAL-FIRED POWER, MOVE AWAY FROM GAS - REUTERS
Pakistan plans to quadruple its domestic coal-fired capacity to reduce power generation costs and will not build new gas-fired plants in the coming ...
Saturday, 18 February 23
2023 MARINE FUEL MARKET PREDICTIONS - JOHN BERGMAN, AURAMARINE
The drive for decarbonisation we witnessed in 2022 has continued into 2023, demonstrating the shipping’s industry positive strides in the fas ...
Saturday, 28 January 23
COAL GROWTH BLIP NOT TO BE REPEATED - BALTIC EXCHANGE
As 2022 drew to a close, global coal demand looked set to end the year just 1.2% up on the previous year. But that small increase was enough to pus ...
Thursday, 26 January 23
CHINA'S COAL OUTPUT INCREASES IN DECEMBER 2022 - XINHUA
China’s raw coal output posted stable expansion in December 2022, official data showed.
The country produced 400 million tonne ...
Thursday, 26 January 23
COKING COAL NARROWS THE GAP ON THERMAL AS CHINA REOPENS - REUTERS
The premium of high-grade thermal coal over coking coal in Asia is shrinking as China’s re-opening and ending of a ban on imports from Austra ...
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- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Australian Coal Association
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Bhatia International Limited - India
- The University of Queensland
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
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