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
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.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 28 September 11
ATLAS RESOURCES TO SELL 25% STAKE IN IPO - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, plans to sell 783.33 m ...


Tuesday, 27 September 11
A STRONG REBOUND FOR THE CAPE MARKET - BRS
A strong rebound for the Cape market, as cargoes continued to flow into the market and tonnage remained tight in the Atlantic, according to Barry Ro ...


Tuesday, 27 September 11
INTRACO SEALS US$25.3 MIO ORDER - INSIDER STORIES
Insider Stories reported that, Heavy equipment distributor PT Intraco Penta Tbk (INTA) obtained a US$25.3 million order on hand of heavy equipments ...


Sunday, 25 September 11
THE CHARTER RATES FOR INDONESIA TO INDIA WAS FIRM - VISTAAR
COALspot.com - The freight market moved up sharply with the cape Index up by 11 pct  pushing the BDI by almost 6 pct and closing at 1,920 point ...


Saturday, 24 September 11
GOVT PLANS TO RENEGOTIATE ALL CONTRACTS INCLUDING FREEPORT - JP
The Jakarta Post reported that, the Energy and Mineral Resources Ministry has confirmed plans to renegotiate all mining contracts including those wi ...


   1011 1012 1013 1014 1015   
Showing 5061 to 5065 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 ...

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