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Sunday, 10 July 11
PTBA INCREASES SHARES IN COAL TRAIN PROJECT - TEMPO INTERACTIVE
TEMPO Interactive reported that, PT Tambang Batubara Bukit Asam (PTBA) is still studying the plan to buy 20 percent of shares in the PT Bukit Asam Transpacific Railway (BATR). "We have appointed PricewaterhouseCoopers as the consultant. We are now calculating the possibilities,” said Sukrisno, from the State-owned Enterprises Ministry.
BATR is a coal train construction project in Tanjung Enim, South Sumatra which will connect to a new port in Lampung. The transportation capacity is estimated to be 25 million tons per year with a railway stretching for 307 km. The construction design contract of the project, worth US$1.3 billion, was signed in March 2010, as quoted by TEMPO Interactive.
PTBA currently holds 10 percent of shares in the project. The other shareholders are China Railway Group (10 percent) and Rajawali Group through PT Transpacific Railway Infrastructure (80 percent).
The share increase will be done by transferring the shares owned by Rajawali in BATR, which will allow PTBA to own 30 percent of shares.
China Railway Group’s shares will remain 10 percent and Rajawali’s 60 percent. “If I’m not mistaken, the ground breaking will be this November. We expect the result can be achieved before that," Sukrisno said.
PTBA has prepared US$320 million to buy the additional shares, 30 percent of which is taken from internal funding and 70 percent from bank loans.
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Wednesday, 05 October 11
WITH CHINA ON HOLIDAY, DRY BULK MARKET REMAINS STAGNANT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has remained to healthy levels after last month’s rally, but with China going on holiday this week, things are looking sta ...
Tuesday, 04 October 11
INDONESIA RAISES COAL BENCHMARK (HBA) FOR FIRST TIME IN 4 MONTHS
COALspot.com - Indonesia raised the monthly reference price for sales in October by 2.56 percent, the first increase since June.
The Ministry of ...
Tuesday, 04 October 11
COAL MINING GROUP WANTS EXPORT TAX, NOT EXCISE - JG
One of the leading English news paper in Indonesia, The Jakarta Globe reported that, the government shall reimpose a duty on coal exports, classifyi ...
Sunday, 02 October 11
INDIAN COAL IMPORTS PICKED UP - CAPT. REDDY
COALspot.com - The BDI dropped by 1 pct and Cape index dropped by 6 pct closing at 1,899 points and 3,136 points respectively. However all other seg ...
Saturday, 01 October 11
2012 TO BE ANOTHER CHALLENGING YEAR - CEO, REMI MARITIME
Shipowners are facing another challenging year in 2012 said Mr. Leonidas Polemis CEO of Remi Maritime Corporation, urging caution towards operating ...
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- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- The University of Queensland
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Petron Corporation, Philippines
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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