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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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Friday, 01 April 11
DRY BULK MARKET WEAKENS ON SLOWER DEMAND, HOPES FOR MID-TERM REBOUND ON JAPANS RECONSTRUCTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected in the Baltic Dry Index (BDI) retreated for a third day yesterday, after staying flat on Monday, to end at 1,530 p ...
Wednesday, 30 March 11
CHALLENGER SIGNS OPTION AGREEMENTS TO PURCHASE FOUR COAL PROJECTS IN INDONESIA
Challenger Signs Three Exclusive Option Agreements to Purchase Four Coal Projects in East Kalimantan, Indonesia
Challenger Deep Resources Corp.ha ...
Wednesday, 30 March 11
KPCL TO IMPORT ONE MILLION TONS OF 6300 GAD COAL
COALspot.com - Karnataka Power Corporation a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 Kcal/kg ...
Wednesday, 30 March 11
WIKA GRABS PROJECT FROM ADARO INDONESIA - INSIDER STORIES
One of Indonesia's largest thermal coal PT Adaro Indonesia has finally mandated PT Wijaya Karya Tbk (WIKA) as a contractor to install and manage ov ...
Tuesday, 29 March 11
JAPAN FACTOR RIPPLING THROUGH THE SHIPPING MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the world watching the latest developments regarding the nuclear crisis in Japan and the devastating effects of the recent tragedy that struck ...
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- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Planning Commission, India
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- The University of Queensland
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Tata Chemicals Ltd - India
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Kalimantan Lumbung Energi - Indonesia
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
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