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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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Sunday, 17 April 11
ADARO TO PROPOSE US$75 MILLION DIVIDEND
COALspot.com - One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) is keen to propose a final dividend of US$75 million or Rp 20.17 (U ...
Saturday, 16 April 11
TNPL RECEIVES 1.6MT OF COAL OFFERS - SOURCES
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its 160,000 MT coal inquiry today.
More than a half a dozen of Indian coal t ...
Friday, 15 April 11
DRY BULK MARKET KEEPS ON FALLING, ON LOW DEMAND AND HIGH SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its falling patern this week, with the industry’s benchmark, the Baltic Dry Index (BDI) retreating again yesterda ...
Thursday, 14 April 11
SUPRAS IN N.CHINA GET CLOSE TO $12000 FOR TRIPS VIA INDONESIA TO INDIA - FEARNBULK
Handy
The Atlantic market remains flat - very little new/fresh business and slow activity. Considerable prompt tonnage remains unfixed. The USG pa ...
Wednesday, 13 April 11
CAPESIZE VESSELS ARE DELIVERED AT A PACE OF ONE NEW VESSEL EVERY SECOND DAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a clear sign that it will take a significant rise in global seaborne dry bulk trade in order to be able to absorb the flurry of new building tonn ...
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- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- PTC India Limited - India
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
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