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Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a US$730 million additional coal mining contracting from PT Adimitra Baratama Nusantara from initial contract of US$200 million, according to Insider Stories.
Petrosea, in an official statement to Indonesia Stock Exchange, said the additional contract has been signed by Petrosea on August 25 2011, renewing the previous agreement signed on August 19 2009 and January 18 2011. Under the additional contract, Petrosea is obliged to produce 14 million tons coal and 126 million bcm at Sanga-Sanga, East Kalimantan.
Adimitra Nusantara has guaranteed at least 5-year contract to make Petrosea optimizes new heavy equipments, which is in line with higher production.
Petrosea is 99.39% controlled by Indika Energy, a company that is owned by two stellar businessmen Agus Lasmono Sudwikatmono and Wiwoho Basuki Tjokronegoro.
By end of June 2011, 86.29% of Petrosea consolidated revenue were contributed by coal mining or worth US$96.99 million, services of US$8.25 million, and engineering and construction of US$6.13 million.
Petrosea booked US$112.39 million revenue in the first half of this year, a 26.58% increase from US$88.79 million a year earlier. Adimitra Nusantara contributed US$28 million revenue to Petrosea.
Source: Insider Stories
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Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/- 5 percent of non-coking imported coal with ...
Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...
Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...
Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...
Tuesday, 30 August 11
FAUJI CEMENT CONSUMED MORE THAN 1 MILLION TONS OF LOCAL COAL
Cooper Minerals Inc.based in Vancouver, BC, Canada, is a junior exploration company engaged in the acquisition, exploration and development of miner ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
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