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Wednesday, 18 May 11
AKR AIMS TO SELL COAL WORTH RP216 BILLION - PAPER
Bisnis Indonesia, an Indonesia's one of the leading business paper reported that, PT AKR Corporindo Tbk has targeted coal sales valued at Rp216 billion this year, following the operation of coal mining concession owned subsidiary of PT Bumi Karunia Pertiwi.
The Company has appointed PT Karunia Bumi Khatulistiwa as contractor for the coal mining in North Barito in Central Kalimantan, which is targeted to produce 300,000 tons of coal this year.
Director Suresh Vembu said the company has prepared a hauling road and supporting facilities to support its subsidiary, expected to contribute to company revenue this year.
"We expect that in the next two-three weeks, the mine could begin operations with a production target of 300,000 tons and rising to 1.5 million tons next year. Coal sales target is dependent on price, currently in the price range of US$ 70-80 per ton, "he told Bisnis Indonesia. The estimated sales value, assuming sales of 300,000 tons, is Rp 189-216 billion by the end of 2011.
AKR’s China based coal terminal has managed to sell 5 million metric tons last year and the company has plans to construct another coal terminal at Buntok Baru at Barito river in Central Kalimantan. The terminal will be build on a 38-hectare area with a barge loading conveyor capacity of 1,000 metric tons per hour.
Through its subsidiary, PT Anugrah Karya Raya, AKR and PT Austral Byna will form a 50:50 venture, PT Berkah Rukun Bersama, to develop coal transport facilities and infrastructure.
Austral Byna is a forest concession holder in North Barito, Central Kalimantan.
Source: Bisinis Indonesia
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Tuesday, 19 April 11
TNPL TO CONDUCT E-AUCTION TO SECURE 160,000 MT OF COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL) a state utility of Tamil Nadu, India to conduct reverse auction on 20 April 2011, betw ...
Tuesday, 19 April 11
ADARO TO ALLOT US$100 MIO FOR COKING COAL - INSIDER STORIES
One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) plans to spend US$100 million in coking coal project dubbed IndoMet Coal, a joint ...
Tuesday, 19 April 11
KPCL TO OPEN PRICE BID ON 23 APRIL 2011 TO FINALIZE ITS ONE MILLION MT COAL SUPPLIER
COALspot.com - Karnataka Power Corporation (KPCL) a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 ...
Monday, 18 April 11
INDONESIA HAS SET THE APRIL 2011 COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.02 PER TON
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the April 2011 Indonesian Coal Reference Price for thermal coal at ...
Sunday, 17 April 11
THE FREIGHT MARKET APPEARS WILL CONTINUE TO BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - "The freight market continued to soften further with all segments down except for the handy size which was marginally up by 10 p ...
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- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
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- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
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- Anglo American - United Kingdom
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- Directorate General of MIneral and Coal - Indonesia
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- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Parliament of New Zealand
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- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
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- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
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- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Planning Commission, India
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
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- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
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- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- White Energy Company Limited
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
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- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
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