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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$320 million to buy the additional shares, 30 percent of which is taken from internal funding and 70 percent from bank loans.
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Sunday, 13 March 11
COAL NO LONGER A CHEAP ENERGY SOURCE - THE SUNDAY LEADER
The Sunday Leader reported that, the addition of power generated through coal power to the country’s national grid was initially expected to r ...
Sunday, 13 March 11
THE FREIGHT MARKET SEEMS WILL BE FIRM FOR MARCH AND APRIL - VISTAAR
COALspot.com - The freight market continued to rise with the BDI crossing 1500 points and the cape size index up by 32 pct and all other segments al ...
Friday, 11 March 11
THE HANDY MARKET IS QUITE VOLATILE
Handy
Lacklustre week as the USG is the only bright light with high volumes of petcoke/coal into the Med (paying mid 20´s bss aps USG). Litt ...
Thursday, 10 March 11
DRY BULK MARKET SHOWING SIGNS OF STRONGER RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market jumped by 3.37% yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI), moving up to 1,472 points, levels no ...
Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal c ...
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- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Minerals Council of Australia
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
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