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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, 12 July 11
INDONESIAN MINERS PLAN $70M INVESTMENT TO UPGRADE QUALITY OF COAL - THE JAKARTA GLOBE
One of the leading english language news paper in indonesia, the Jakarta globe reported that, as the government implements a ban on the export of po ...
Tuesday, 12 July 11
DRY BULK MARKET BEGINS WEEK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was evident by the end of the previous week, the dry bulk market’s growth momentum was about to lose steam, something proven yesterday, whe ...
Monday, 11 July 11
REFLECTIONS ON THE FLEET REACHING ONE BILLION TONNES - CLARKSONS / HELLENIC SHIPPING
“A billion gross tonnes of shipping” has a nice ring to it. It presents the industry as a business of substance, with its 85,000 ships w ...
Sunday, 10 July 11
UNTR PROVIDES US$100 MIO TO TTA - INSIDER STORIES
PT United Tractors Tbk (UNTR) agreed to allocate US$100 million to its coal subsidiary dubbed PT Tuah Turangga Agung (TTA).The US$100 million was pa ...
Sunday, 10 July 11
HARDLY ANY CARGO FROM WC INDIA UNTIL END OF MONSOONS - VISTAAR
COALspot.com - The BDI continued to hold last week and firmed up by 27 points with cape and panama index supporting the BDI.
The BDI closed at 1, ...
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- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
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