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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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Saturday, 28 May 11
GOLDEN MINES IPO AT RP 2,300 - RP 3,500
Coal miner PT Golden Energy Mines, a wholly owned subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) which is controlled by Indonesian businessman ...
Friday, 27 May 11
LARGER DRY BULK CARRIERS LEAD BDIS RALLY THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Larger dry bulk vessels have kept on leading the market’s rise this week, with the BDI (Baltic Dry Index) rising by a more than healthy 3.43% ...
Wednesday, 25 May 11
70 PERCENT OF HARUMS PRODUCTION SOLD - BISNIS INDONESIA
Coal producer PT Harum Energy Tbk claimed that out of this year's total production target of 10 million tons, 70% or 7 million tons had been sold, ...
Wednesday, 25 May 11
MINERS BACK GOVT PLAN TO FREEZE MINING PERMITS - THE JAKARTA POST
Indonesian coal miners hailed the government’s decision to impose a moratorium on the issuance of new mining permits, saying the freeze would ...
Wednesday, 25 May 11
DRY BULK MARKET ENTERS WEEK ON A HIGH NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has managed to end its downward trend of the past few weeks and surge back on higher ground. Yesterday, the Baltic Dry Index (BD ...
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- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Australian Coal Association
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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