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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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Tuesday, 09 August 11
INDONESIAS COAL PRODUCTION GREW BY 19.4% LAST YEAR - BP
COALspot.com - Indonesia’s coal production grew by 19.4% last year to 305.879 million tonnes from 256.181 million tonnes in 2009, the fastest ...
Tuesday, 09 August 11
DRY BULK MARKET UNABLE TO FIND UPWARD MOMENTUM, SLUMPS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
They same that what goes up must come down and nobody seems to have found a better application of this expression, than the beleguered dry bulk mark ...
Monday, 08 August 11
OIL PRICES ARE SOFTENING, WILL IT INFLUENCE COAL PRICES?
COALspot.com - The current global economic condition is in volatility after a little chance of optimism for economic recovery.
Oil price at ...
Monday, 08 August 11
A SUPRAMAX VESSEL WAS REPORTED FIXED AT $ 12K - VISTAAR
COALspot.com - The BDI was slightly up by about 4 points closed at 1268 points which was supported by cape index which was up 3.14 pct and closed at ...
Saturday, 06 August 11
NTPC IS CONSIDERING TO ENTER INTO 25 YEARS COAL PURCHASE AGREEMENT
Indian, State-run power producer NTPC's present annual consumption is 164 million tonnes, and company is considering long-term agreements abroad to ...
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- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Planning Commission, India
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- VISA Power Limited - India
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- The University of Queensland
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Independent Power Producers Association of India
- London Commodity Brokers - England
- White Energy Company Limited
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- PTC India Limited - India
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
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