COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 14 October 11
ADARO BUYS SERVO MEDA FOR RP200 BIO - INSIDER STORIES


Insider Stories reported that, PT Adaro Energy Tbk (ADRO)  announced that its subsidiary PT Alam Tri Abadi (ATI), acquired 35% stake in PT Servo Meda Sejahtera (SMS) for Rp200 billion (US$ 22.560 million) from PT Servo Infrastructure (SI).

Garibaldi Thohir, CEO of Adaro Energy, in a morning note published by PT Mandiri Sekuritas today, said that it is part of  the company’s strategy in developing coal mining asset in South Sumatra, which creating long term sustainable complete integrated value chain.

Servo Meda is a privately integrated coal mining services company that established in the idea of developing transportation solution to South Sumatra region. Through its subsidiary, PT Servo Lintas Raya, Servo develop and construct 228 km haul road in South Sumatera for coal transportation that will connect the mines in Lahat, Muara Enim and Banyuasin regencies with terminal in Tanjung Lago at Banyuasin river.

The 1st construction stage has started since October 2008 and It has a capacity target of 50 million tons of coal in the fourth or 50 years of its operation.

Servo also owns coal mines in Lahat regency including PT Batubara Lahat, PT Bumi Merapi Energy and PT Bara Alam Sumatera which also have legal issue with PTBA. It produced about 3 million tons of coal per year. Servo also has coal mines in Lokpaikat and Bungur in South Kalimantan with a total production of 2 million tons of coal per year.

"We expect It is part of series transaction with the recent 75% stake coal asset acquisition of Mustika Indah Permai (MIP). Altogether Adaro coupling local partners in Lahat region to strengthen its position to leverage its inorganic growth by unlocking abundant “coal treasure” in South Sumatra."

However it remains a long time story to talk about the development of their projects since it is still in a legal case with PTBA which most of their concessions are halted in the meantime waiting for final decision from supreme court.
Source: Insider Stories



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 04 October 11
INDONESIA RAISES COAL BENCHMARK (HBA) FOR FIRST TIME IN 4 MONTHS
COALspot.com - Indonesia raised the monthly reference price for sales in October by 2.56 percent, the first increase since June. The Ministry of ...


Tuesday, 04 October 11
COAL MINING GROUP WANTS EXPORT TAX, NOT EXCISE - JG
One of the leading English news paper in Indonesia, The Jakarta Globe reported that, the government shall reimpose a duty on coal exports, classifyi ...


Sunday, 02 October 11
INDIAN COAL IMPORTS PICKED UP - CAPT. REDDY
COALspot.com - The BDI dropped by 1 pct and Cape index dropped by 6 pct closing at 1,899 points and 3,136 points respectively. However all other seg ...


Saturday, 01 October 11
2012 TO BE ANOTHER CHALLENGING YEAR - CEO, REMI MARITIME
Shipowners are facing another challenging year in 2012 said Mr. Leonidas Polemis CEO of Remi Maritime Corporation, urging caution towards operating ...


Friday, 30 September 11
MINING BILL CLEARED, FIRMS TO SHARE 26% PROFITS WITH LOCALS - NDTV
NDTV reported that, The Union Cabinet cleared the draft mining bill aimed at regulating mining activities Friday. The bill proposes a profit-sharing ...


   1009 1010 1011 1012 1013   
Showing 5051 to 5055 news of total 6871
News by Category
Popular News
 
Total Members : 28,621
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Medco Energi Mining Internasional
  • ANZ Bank - Australia
  • Uttam Galva Steels Limited - India
  • Reliance Power - India
  • Standard Chartered Bank - UAE
  • Independent Power Producers Association of India
  • Eastern Energy - Thailand
  • Bangladesh Power Developement Board
  • Billiton Holdings Pty Ltd - Australia
  • Merrill Lynch Bank
  • AsiaOL BioFuels Corp., Philippines
  • Bukit Baiduri Energy - Indonesia
  • Malabar Cements Ltd - India
  • globalCOAL - UK
  • Pendopo Energi Batubara - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Coaltrans Conferences
  • Thiess Contractors Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Noble Europe Ltd - UK
  • Cargill India Pvt Ltd
  • Electricity Generating Authority of Thailand
  • Australian Commodity Traders Exchange
  • Core Mineral Indonesia
  • Oldendorff Carriers - Singapore
  • Surastha Cement
  • Sree Jayajothi Cements Limited - India
  • GHCL Limited - India
  • Kaltim Prima Coal - Indonesia
  • Riau Bara Harum - Indonesia
  • CNBM International Corporation - China
  • PLN Batubara - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • HSBC - Hong Kong
  • Metalloyd Limited - United Kingdom
  • Vale Mozambique
  • Permata Bank - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Maybank - Singapore
  • Mjunction Services Limited - India
  • VISA Power Limited - India
  • EMO - The Netherlands
  • Sinarmas Energy and Mining - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Economic Council, Georgia
  • Georgia Ports Authority, United States
  • Energy Link Ltd, New Zealand
  • McKinsey & Co - India
  • Singapore Mercantile Exchange
  • Moodys - Singapore
  • Simpson Spence & Young - Indonesia
  • Africa Commodities Group - South Africa
  • Coastal Gujarat Power Limited - India
  • Mitsui
  • Indonesia Power. PT
  • Enel Italy
  • Jaiprakash Power Ventures ltd
  • MS Steel International - UAE
  • Petrochimia International Co. Ltd.- Taiwan
  • Energy Development Corp, Philippines
  • Kobe Steel Ltd - Japan
  • Platou - Singapore
  • Kalimantan Lumbung Energi - Indonesia
  • BRS Brokers - Singapore
  • Sarangani Energy Corporation, Philippines
  • Indo Tambangraya Megah - Indonesia
  • Thomson Reuters GRC
  • APGENCO India
  • Renaissance Capital - South Africa
  • Ince & co LLP
  • Coal Orbis AG
  • MEC Coal - Indonesia
  • Adani Power Ltd - India
  • South Luzon Thermal Energy Corporation
  • Mintek Dendrill Indonesia
  • Bank of China, Malaysia
  • Berau Coal - Indonesia
  • Gresik Semen - Indonesia
  • Vitol - Bahrain
  • Barasentosa Lestari - Indonesia
  • Essar Steel Hazira Ltd - India
  • TNPL - India
  • ASAPP Information Group - India
  • CESC Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Altura Mining Limited, Indonesia
  • Pinang Coal Indonesia
  • Fearnleys - India
  • Thailand Anthracite
  • Bank of America
  • IMC Shipping - Singapore
  • Marubeni Corporation - India
  • The State Trading Corporation of India Ltd
  • JPMorgan - India
  • Bhushan Steel Limited - India
  • Qatrana Cement - Jordan
  • Samsung - South Korea
  • SMC Global Power, Philippines
  • Arutmin Indonesia
  • Mercator Lines Limited - India
  • Sakthi Sugars Limited - India
  • Indian Oil Corporation Limited
  • Britmindo - Indonesia
  • Chamber of Mines of South Africa
  • Dalmia Cement Bharat India
  • Russian Coal LLC
  • Aditya Birla Group - India
  • IBC Asia (S) Pte Ltd
  • PowerSource Philippines DevCo
  • DBS Bank - Singapore
  • Tata Power - India
  • Barclays Capital - USA
  • Humpuss - Indonesia
  • Cosco
  • Japan Coal Energy Center
  • Bangkok Bank PCL
  • TANGEDCO India
  • Sucofindo - Indonesia
  • Commonwealth Bank - Australia
  • Intertek Mineral Services - Indonesia
  • J M Baxi & Co - India
  • Price Waterhouse Coopers - Russia
  • Infraline Energy - India
  • Petron Corporation, Philippines
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Cement Manufacturers Association - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Sojitz Corporation - Japan
  • Trasteel International SA, Italy
  • PetroVietnam
  • KPMG - USA
  • McConnell Dowell - Australia
  • Ministry of Mines - Canada
  • Tanito Harum - Indonesia
  • Central Java Power - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • GMR Energy Limited - India
  • Credit Suisse - India
  • San Jose City I Power Corp, Philippines
  • SRK Consulting
  • Bahari Cakrawala Sebuku - Indonesia
  • Planning Commission, India
  • Australian Coal Association
  • PNOC Exploration Corporation - Philippines
  • Borneo Indobara - Indonesia
  • Bharathi Cement Corporation - India
  • International Coal Ventures Pvt Ltd - India
  • World Coal - UK
  • Thriveni
  • Bhatia International Limited - India
  • OCBC - Singapore
  • Semirara Mining Corp, Philippines
  • Inspectorate - India
  • Alfred C Toepfer International GmbH - Germany
  • Posco Energy - South Korea
  • TeaM Sual Corporation - Philippines
  • Indogreen Group - Indonesia
  • Madhucon Powers Ltd - India
  • KPCL - India
  • Iligan Light & Power Inc, Philippines
  • Gujarat Mineral Development Corp Ltd - India
  • Indika Energy - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Parliament of New Zealand
  • Kohat Cement Company Ltd. - Pakistan
  • GB Group - China
  • Goldman Sachs - Singapore
  • PLN - Indonesia
  • IOL Indonesia
  • Freeport Indonesia
  • Globalindo Alam Lestari - Indonesia
  • KEPCO - South Korea
  • Central Electricity Authority - India
  • ING Bank NV - Singapore
  • bp singapore
  • Mercuria Energy - Indonesia
  • Eastern Coal Council - USA
  • Lanco Infratech Ltd - India
  • Deutsche Bank - India
  • New Zealand Coal & Carbon
  • Wilmar Investment Holdings
  • Geoservices-GeoAssay Lab
  • Savvy Resources Ltd - HongKong
  • RBS Sempra - UK
  • GNFC Limited - India
  • NALCO India
  • PetroVietnam Power Coal Import and Supply Company
  • Jatenergy - Australia
  • Coalindo Energy - Indonesia
  • Maersk Broker
  • World Bank
  • Mitsubishi Corporation
  • Global Coal Blending Company Limited - Australia
  • Petrosea - Indonesia
  • Edison Trading Spa - Italy
  • CoalTek, United States
  • Coeclerici Indonesia
  • Gupta Coal India Ltd
  • Xindia Steels Limited - India
  • Videocon Industries ltd - India
  • ICICI Bank Limited - India
  • Coal and Oil Company - UAE
  • GAC Shipping (India) Pvt Ltd
  • Glencore India Pvt. Ltd
  • SGS (Thailand) Limited
  • Bayan Resources Tbk. - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Minerals Council of Australia
  • Indorama - Singapore
  • Rudhra Energy - India
  • Electricity Authority, New Zealand
  • Sical Logistics Limited - India
  • PTC India Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Formosa Plastics Group - Taiwan
  • Baramulti Group, Indonesia
  • Heidelberg Cement - Germany
  • U S Energy Resources
  • Straits Asia Resources Limited - Singapore
  • Total Coal South Africa
  • Attock Cement Pakistan Limited
  • WorleyParsons
  • Jindal Steel & Power Ltd - India
  • Merrill Lynch Commodities Europe
  • Toyota Tsusho Corporation, Japan
  • Gujarat Electricity Regulatory Commission - India
  • BNP Paribas - Singapore
  • Platts
  • Ind-Barath Power Infra Limited - India
  • Coal India Limited
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • ETA - Dubai
  • UOB Asia (HK) Ltd
  • Cardiff University - UK
  • Arch Coal - USA
  • Inco-Indonesia
  • Romanian Commodities Exchange
  • Ministry of Transport, Egypt
  • Sindya Power Generating Company Private Ltd
  • London Commodity Brokers - England
  • Directorate Of Revenue Intelligence - India
  • Maheswari Brothers Coal Limited - India
  • Deloitte Consulting - India
  • Malco - India
  • Asmin Koalindo Tuhup - Indonesia
  • Bukit Makmur.PT - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • CCIC - Indonesia
  • Samtan Co., Ltd - South Korea
  • NTPC Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Port Waratah Coal Services - Australia
  • Mitra SK Pvt Ltd - India
  • UBS Singapore
  • Binh Thuan Hamico - Vietnam
  • Siam City Cement PLC, Thailand
  • Tamil Nadu electricity Board
  • Runge Indonesia
  • SASOL - South Africa
  • Cebu Energy, Philippines
  • EIA - United States
  • The University of Queensland
  • Shree Cement - India
  • Indonesian Coal Mining Association
  • Orica Mining Services - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Kepco SPC Power Corporation, Philippines
  • Anglo American - United Kingdom
  • Directorate General of MIneral and Coal - Indonesia
  • TGV SRAAC LIMITED, India
  • Rio Tinto Coal - Australia
  • Rashtriya Ispat Nigam Limited - India
  • Grasim Industreis Ltd - India
  • Kobexindo Tractors - Indoneisa
  • Ernst & Young Pvt. Ltd.
  • Maharashtra Electricity Regulatory Commission - India
  • Carbofer General Trading SA - India
  • Thermax Limited - India
  • SN Aboitiz Power Inc, Philippines
  • Adaro Indonesia
  • Aboitiz Power Corporation - Philippines
  • Neyveli Lignite Corporation Ltd, - India
  • Indian School of Mines
  • Asian Development Bank
  • Peabody Energy - USA
  • The Treasury - Australian Government
  • Makarim & Taira - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Kartika Selabumi Mining - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • TRAFIGURA, South Korea
  • Kapuas Tunggal Persada - Indonesia
  • Meralco Power Generation, Philippines
  • Latin American Coal - Colombia
  • Cigading International Bulk Terminal - Indonesia
  • Mechel - Russia
  • Lafarge - France
  • Antam Resourcindo - Indonesia
  • JPower - Japan
  • Jorong Barutama Greston.PT - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Agrawal Coal Company - India
  • Kideco Jaya Agung - Indonesia
  • SUEK AG - Indonesia
  • GVK Power & Infra Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Xstrata Coal
  • Interocean Group of Companies - India
  • Banpu Public Company Limited - Thailand
  • Thai Mozambique Logistica
  • Salva Resources Pvt Ltd - India
  • CIMB Investment Bank - Malaysia
  • Global Green Power PLC Corporation, Philippines
  • Cemex - Philippines
  • Maruti Cements - India
  • White Energy Company Limited
  • Vedanta Resources Plc - India
  • Bhoruka Overseas - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Shenhua Group - China
  • Ambuja Cements Ltd - India
  • Power Finance Corporation Ltd., India
  • European Bulk Services B.V. - Netherlands
  • Parry Sugars Refinery, India
  • Star Paper Mills Limited - India
  • Argus Media - Singapore
  • Panama Canal Authority
  • Kumho Petrochemical, South Korea
  • Asia Cement - Taiwan
  • ACC Limited - India
  • Therma Luzon, Inc, Philippines
  • India Bulls Power Limited - India
  • Tata Chemicals Ltd - India
  • Clarksons - UK
  • Indian Energy Exchange, India
  • Leighton Contractors Pty Ltd - Australia
  • KOWEPO - South Korea
  • Vizag Seaport Private Limited - India
  • Idemitsu - Japan
  • Ministry of Finance - Indonesia
  • SMG Consultants - Indonesia
  • Siam City Cement - Thailand
  • Bulk Trading Sa - Switzerland
  • IEA Clean Coal Centre - UK
  • Wood Mackenzie - Singapore
  • Larsen & Toubro Limited - India
  • Global Business Power Corporation, Philippines
  • Orica Australia Pty. Ltd.
  • The India Cements Ltd
  • Gujarat Sidhee Cement - India