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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, 27 April 11
KEWESPO CALLS FOR 765KT OF THERMAL COAL
COALspot.com - South Korea's East-West Power Co's (KEWESPO) has issued a tender to buy total 765,000 tonnes of thermal coal for delivery between J ...
Wednesday, 27 April 11
HARUM ENERGY TO PAY RP 659.1B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miner Harum Energy is planning to pay out Rp 659.1 billion (US$76.46 million) in dividends this year ...
Wednesday, 27 April 11
TSIS $5 MILLION PLANT TO START PRODUCING UPGRADED COAL - THE JAKARTA POST
The Jakartapost reported that, PT Total Sinergy International (TSI), in association with Agritrade Resources Limited of Hong Kong, will upgrade its ...
Wednesday, 27 April 11
RAIN CONSIDERS COAL MINES TAKEOVER - INSIDER STORIES
Indonesian's tenth largest coal miner in term of coal concession, PT Resource Alam Indonesia Tbk (KKGI), is considering to acquire several coalmine ...
Wednesday, 27 April 11
DRY BULK MARKET LACKS ACTIVITY, RATES KEEP RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Easter Holidays for a large of the world now behind, the dry bulk market kept lacking activity on Tuesday, which led the Baltic Dry Index ( ...
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- Romanian Commodities Exchange
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Carbofer General Trading SA - India
- Australian Coal Association
- Planning Commission, India
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
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