COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...


Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...


Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...


Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...


Tuesday, 10 May 11
DRY BULK MARKET KEEPS ON RISING, OUTLOOK MIXED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward once again on Monday, with the Baltic Dry Index rising by 0.6% to 1,348, although the Capesize market was 0.57% l ...


   1051 1052 1053 1054 1055   
Showing 5261 to 5265 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Platts
  • PetroVietnam
  • Sucofindo - Indonesia
  • Parry Sugars Refinery, India
  • Heidelberg Cement - Germany
  • Bhatia International Limited - India
  • Ambuja Cements Ltd - India
  • Tata Power - India
  • Adaro Indonesia
  • Malabar Cements Ltd - India
  • Simpson Spence & Young - Indonesia
  • Vale Mozambique
  • India Bulls Power Limited - India
  • Vedanta Resources Plc - India
  • Ernst & Young Pvt. Ltd.
  • Commonwealth Bank - Australia
  • Banpu Public Company Limited - Thailand
  • Global Green Power PLC Corporation, Philippines
  • Indian Oil Corporation Limited
  • Ind-Barath Power Infra Limited - India
  • MEC Coal - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • JPMorgan - India
  • Ince & co LLP
  • Mitsubishi Corporation
  • Siam City Cement - Thailand
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • bp singapore
  • Georgia Ports Authority, United States
  • Credit Suisse - India
  • Bank of China, Malaysia
  • International Coal Ventures Pvt Ltd - India
  • Thermax Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • IHS Mccloskey Coal Group - USA
  • Geoservices-GeoAssay Lab
  • Planning Commission, India
  • Borneo Indobara - Indonesia
  • Uttam Galva Steels Limited - India
  • World Bank
  • Vijayanagar Sugar Pvt Ltd - India
  • Coalindo Energy - Indonesia
  • Dalmia Cement Bharat India
  • NTPC Limited - India
  • Cement Manufacturers Association - India
  • UBS Singapore
  • Altura Mining Limited, Indonesia
  • San Jose City I Power Corp, Philippines
  • European Bulk Services B.V. - Netherlands
  • Jorong Barutama Greston.PT - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • JPower - Japan
  • KEPCO - South Korea
  • CoalTek, United States
  • Asmin Koalindo Tuhup - Indonesia
  • Panama Canal Authority
  • Peabody Energy - USA
  • ANZ Bank - Australia
  • Surastha Cement
  • Kohat Cement Company Ltd. - Pakistan
  • Asian Development Bank
  • Maharashtra Electricity Regulatory Commission - India
  • Qatrana Cement - Jordan
  • Anglo American - United Kingdom
  • Attock Cement Pakistan Limited
  • Parliament of New Zealand
  • Samtan Co., Ltd - South Korea
  • DBS Bank - Singapore
  • Gujarat Sidhee Cement - India
  • Gupta Coal India Ltd
  • Meralco Power Generation, Philippines
  • Xindia Steels Limited - India
  • Adani Power Ltd - India
  • Miang Besar Coal Terminal - Indonesia
  • SASOL - South Africa
  • Indika Energy - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Kepco SPC Power Corporation, Philippines
  • Manunggal Multi Energi - Indonesia
  • Permata Bank - Indonesia
  • PTC India Limited - India
  • Siam City Cement PLC, Thailand
  • Pendopo Energi Batubara - Indonesia
  • TNPL - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Goldman Sachs - Singapore
  • Kapuas Tunggal Persada - Indonesia
  • The University of Queensland
  • Electricity Authority, New Zealand
  • Sical Logistics Limited - India
  • Essar Steel Hazira Ltd - India
  • Grasim Industreis Ltd - India
  • Malco - India
  • Tamil Nadu electricity Board
  • Bhoruka Overseas - Indonesia
  • Orica Mining Services - Indonesia
  • CIMB Investment Bank - Malaysia
  • ICICI Bank Limited - India
  • KOWEPO - South Korea
  • Africa Commodities Group - South Africa
  • Bhushan Steel Limited - India
  • Vitol - Bahrain
  • Cigading International Bulk Terminal - Indonesia
  • SUEK AG - Indonesia
  • Singapore Mercantile Exchange
  • PetroVietnam Power Coal Import and Supply Company
  • Marubeni Corporation - India
  • Maruti Cements - India
  • PowerSource Philippines DevCo
  • Moodys - Singapore
  • GNFC Limited - India
  • IMC Shipping - Singapore
  • Bukit Asam (Persero) Tbk - Indonesia
  • Central Java Power - Indonesia
  • Romanian Commodities Exchange
  • Star Paper Mills Limited - India
  • GB Group - China
  • Mjunction Services Limited - India
  • Britmindo - Indonesia
  • KPMG - USA
  • Billiton Holdings Pty Ltd - Australia
  • Bangkok Bank PCL
  • Maersk Broker
  • Indorama - Singapore
  • CCIC - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Vizag Seaport Private Limited - India
  • Indonesian Coal Mining Association
  • Petron Corporation, Philippines
  • Energy Development Corp, Philippines
  • Eastern Coal Council - USA
  • Semirara Mining and Power Corporation, Philippines
  • Intertek Mineral Services - Indonesia
  • London Commodity Brokers - England
  • PLN Batubara - Indonesia
  • Coal and Oil Company - UAE
  • Bukit Baiduri Energy - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Tanito Harum - Indonesia
  • Minerals Council of Australia
  • Baramulti Group, Indonesia
  • Cebu Energy, Philippines
  • Therma Luzon, Inc, Philippines
  • Port Waratah Coal Services - Australia
  • EMO - The Netherlands
  • Sindya Power Generating Company Private Ltd
  • Jatenergy - Australia
  • Holcim Trading Pte Ltd - Singapore
  • GVK Power & Infra Limited - India
  • VISA Power Limited - India
  • SMG Consultants - Indonesia
  • Power Finance Corporation Ltd., India
  • Merrill Lynch Bank
  • GHCL Limited - India
  • Central Electricity Authority - India
  • Total Coal South Africa
  • TGV SRAAC LIMITED, India
  • Coal India Limited
  • Thai Mozambique Logistica
  • World Coal - UK
  • Rio Tinto Coal - Australia
  • Mercator Lines Limited - India
  • U S Energy Resources
  • Core Mineral Indonesia
  • Mercuria Energy - Indonesia
  • Toyota Tsusho Corporation, Japan
  • globalCOAL - UK
  • Sakthi Sugars Limited - India
  • OCBC - Singapore
  • SGS (Thailand) Limited
  • Salva Resources Pvt Ltd - India
  • Rashtriya Ispat Nigam Limited - India
  • Aditya Birla Group - India
  • Runge Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Global Business Power Corporation, Philippines
  • Aboitiz Power Corporation - Philippines
  • White Energy Company Limited
  • Petrosea - Indonesia
  • McKinsey & Co - India
  • Price Waterhouse Coopers - Russia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Mitra SK Pvt Ltd - India
  • Pinang Coal Indonesia
  • Interocean Group of Companies - India
  • Thomson Reuters GRC
  • OPG Power Generation Pvt Ltd - India
  • Australian Commodity Traders Exchange
  • Bayan Resources Tbk. - Indonesia
  • Kobe Steel Ltd - Japan
  • Kalimantan Lumbung Energi - Indonesia
  • Trasteel International SA, Italy
  • Latin American Coal - Colombia
  • Kideco Jaya Agung - Indonesia
  • Posco Energy - South Korea
  • Arutmin Indonesia
  • Karaikal Port Pvt Ltd - India
  • WorleyParsons
  • Clarksons - UK
  • Carbofer General Trading SA - India
  • IBC Asia (S) Pte Ltd
  • ETA - Dubai
  • Orica Australia Pty. Ltd.
  • Barasentosa Lestari - Indonesia
  • The India Cements Ltd
  • Wilmar Investment Holdings
  • Kobexindo Tractors - Indoneisa
  • Madhucon Powers Ltd - India
  • Binh Thuan Hamico - Vietnam
  • Kaltim Prima Coal - Indonesia
  • IOL Indonesia
  • Glencore India Pvt. Ltd
  • Cemex - Philippines
  • Australian Coal Association
  • Fearnleys - India
  • LBH Netherlands Bv - Netherlands
  • Coaltrans Conferences
  • PLN - Indonesia
  • Russian Coal LLC
  • Bukit Makmur.PT - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Asia Cement - Taiwan
  • BNP Paribas - Singapore
  • TRAFIGURA, South Korea
  • Coeclerici Indonesia
  • Straits Asia Resources Limited - Singapore
  • Cardiff University - UK
  • Maheswari Brothers Coal Limited - India
  • Barclays Capital - USA
  • Antam Resourcindo - Indonesia
  • ING Bank NV - Singapore
  • Gujarat Mineral Development Corp Ltd - India
  • Ceylon Electricity Board - Sri Lanka
  • Mitsui
  • Thriveni
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Coastal Gujarat Power Limited - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Semirara Mining Corp, Philippines
  • Platou - Singapore
  • Timah Investasi Mineral - Indoneisa
  • Iligan Light & Power Inc, Philippines
  • Chamber of Mines of South Africa
  • Deloitte Consulting - India
  • Standard Chartered Bank - UAE
  • Edison Trading Spa - Italy
  • ACC Limited - India
  • Inco-Indonesia
  • Deutsche Bank - India
  • Lafarge - France
  • Larsen & Toubro Limited - India
  • Coal Orbis AG
  • Gresik Semen - Indonesia
  • Kumho Petrochemical, South Korea
  • Cosco
  • Reliance Power - India
  • TANGEDCO India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Shree Cement - India
  • J M Baxi & Co - India
  • Noble Europe Ltd - UK
  • Alfred C Toepfer International GmbH - Germany
  • Independent Power Producers Association of India
  • Argus Media - Singapore
  • Jaiprakash Power Ventures ltd
  • BRS Brokers - Singapore
  • Inspectorate - India
  • RBS Sempra - UK
  • Bangladesh Power Developement Board
  • SMC Global Power, Philippines
  • Eastern Energy - Thailand
  • APGENCO India
  • Neyveli Lignite Corporation Ltd, - India
  • South Luzon Thermal Energy Corporation
  • Riau Bara Harum - Indonesia
  • MS Steel International - UAE
  • Metalloyd Limited - United Kingdom
  • GMR Energy Limited - India
  • Renaissance Capital - South Africa
  • Ministry of Finance - Indonesia
  • Bank of America
  • Arch Coal - USA
  • Tata Chemicals Ltd - India
  • Idemitsu - Japan
  • AsiaOL BioFuels Corp., Philippines
  • The State Trading Corporation of India Ltd
  • McConnell Dowell - Australia
  • Humpuss - Indonesia
  • CNBM International Corporation - China
  • Freeport Indonesia
  • Economic Council, Georgia
  • New Zealand Coal & Carbon
  • Indonesia Power. PT
  • Pipit Mutiara Jaya. PT, Indonesia
  • Electricity Generating Authority of Thailand
  • HSBC - Hong Kong
  • Shenhua Group - China
  • ASAPP Information Group - India
  • Leighton Contractors Pty Ltd - Australia
  • Japan Coal Energy Center
  • PNOC Exploration Corporation - Philippines
  • Global Coal Blending Company Limited - Australia
  • Cargill India Pvt Ltd
  • KPCL - India
  • Globalindo Alam Lestari - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Infraline Energy - India
  • Gujarat Electricity Regulatory Commission - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Directorate General of MIneral and Coal - Indonesia
  • Savvy Resources Ltd - HongKong
  • CESC Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Formosa Plastics Group - Taiwan
  • Thailand Anthracite
  • Karbindo Abesyapradhi - Indoneisa
  • Berau Coal - Indonesia
  • Indogreen Group - Indonesia
  • NALCO India
  • Ministry of Transport, Egypt
  • Sree Jayajothi Cements Limited - India
  • Mintek Dendrill Indonesia
  • Videocon Industries ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Mechel - Russia
  • Merrill Lynch Commodities Europe
  • Samsung - South Korea
  • Medco Energi Mining Internasional
  • Bulk Trading Sa - Switzerland
  • Indian Energy Exchange, India
  • Lanco Infratech Ltd - India
  • Bharathi Cement Corporation - India
  • Maybank - Singapore
  • SN Aboitiz Power Inc, Philippines
  • Sarangani Energy Corporation, Philippines
  • Energy Link Ltd, New Zealand
  • Rudhra Energy - India
  • Xstrata Coal
  • Makarim & Taira - Indonesia
  • TeaM Sual Corporation - Philippines
  • Agrawal Coal Company - India
  • SRK Consulting
  • Oldendorff Carriers - Singapore
  • UOB Asia (HK) Ltd
  • Enel Italy
  • Sojitz Corporation - Japan
  • Wood Mackenzie - Singapore
  • The Treasury - Australian Government
  • Ministry of Mines - Canada
  • Jindal Steel & Power Ltd - India
  • Indian School of Mines
  • EIA - United States
  • IEA Clean Coal Centre - UK
  • Thiess Contractors Indonesia