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

Friday, 02 December 11
DRY BULK CARRIERS BACK IN THE SPOTLIGHT AS MARKET SPEEDS UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the tanker and container markets suffering dearly, it seems that the tide has once again turned in favor of the dry bulk carriers, despite over ...


Thursday, 01 December 11
DRY BULK MARKET RISES TO NEW HEIGHTS ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on rising this week, with the industry’s benchmark, the Baltic Dry Index (BDI) climbing to 1,846 points on Wednes ...


Tuesday, 29 November 11
SOUTH AFRICAN COAL INTO CHINA, THE ACTIVITY WAS SLOW - BRS
Capesize The Capesize market in Atlantic stayed pretty firm last week with transatlantic rounds being fixed in the high twenties. Sentiment was les ...


Tuesday, 29 November 11
GOLDEN GATE BRIDGE OF INDONESIA COLLAPSED AT KUKAR, EAST KALIMANTAN
COALspot.com - A suspension bridge in Indonesia’s east Kalimantan province over the Mahakam river collapsed on Saturday, killing at least elev ...


Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above ...


   989 990 991 992 993   
Showing 4951 to 4955 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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