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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$320 million to buy the additional shares, 30 percent of which is taken from internal funding and 70 percent from bank loans.
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Friday, 15 July 11
BUKIT ASAM 1H COAL SALES UP 44 PERCENT
The state-controlled PT Tambang Batubara Bukit Asam Tbk (PTBA) is estimated to post 6.5 million tons of coal sales in the first half of this year, a ...
Thursday, 14 July 11
INDO GOVT. SETS JULY COAL REFERENCE PRICE AT US$ 118.24 PER TON
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia sets coal spot price benchmark for July 2011 at US$ 118.24 per ton, US$ 0 ...
Thursday, 14 July 11
DRY BULK MARKET KEEPS FALLING ON WEAK CAPESIZE SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on retreating on Wednesday, with the Baltic Dry Index (BDI) falling to 1,383 points, from 1,411 of the previous day. Capesi ...
Thursday, 14 July 11
UNITED TRACTORS BUYS DUTA SEJAHTERA - INSIDER STORIES
Insider Stories reported that, PT United Tractors Tbk (UNTR), via a wholly-owned subsidiary PT Tuah Turangga Agung, will acquire PT Duta Sejahtera a ...
Wednesday, 13 July 11
ANOTHER FIRMER WEEK FOR THE CAPES - BRS
Barry Rogliano Salles reported that, there were mixed results for the dry bulk market this week: the Capesize and Panamax markets performed well gai ...
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- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Parliament of New Zealand
- Posco Energy - South Korea
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
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