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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, 20 July 11
DRY BULK MARKET KEEPS ON FALLING ON SOFTENING CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated to lower ground on Tuesday, as the industry’s benchmark, the BDI (Baltic Dry Index) fell to 1,330 points, down b ...
Tuesday, 19 July 11
82 MIO TONS OF COAL TO BE SUPPLIED FOR DOMESTIC MARKET
Indonesian Coal miners were required to supply 82 million tons of coal to Domestic market in this year. This is a 2.53 percent higher than last year ...
Monday, 18 July 11
IMFA BUYS A INDONESIAN COAL MINE FOR USD 8.7 M
Indian Metals and Ferro Alloys (IMFA), the largest producer of ferro chrome in the country, today said it has acquired 70 per cent stake in an Indones ...
Sunday, 17 July 11
THE COAL PRICES ARE SOFTENING DUE TO LESS DEMAND - VISTAAR
COALspot.com: The markets were down last week with BDI down by 6.63 points and closing at 1,353 points. The most affected was Cape index which was d ...
Friday, 15 July 11
DRY BULK MARKET SUFFERS NEW BLOW, RETREATS EVEN FURTHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market fell even lower yesterday on the back of lower demand for larger vessels, like Capesizes and Panamaxes. The industry’s ben ...
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- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- White Energy Company Limited
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Ministry of Mines - Canada
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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