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

Thursday, 17 November 11
DRY BULK MARKET INCHES FORWARD AND INTO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged higher yesterday, on the back of stronger demand for Capesize vessels and general improvement of sentiment on most of the ...


Thursday, 17 November 11
KOMIPO INVITES BIDS FOR 500K MT OF COAL
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids for the supply of 500,000 Metric Tons of minimum 5700 kcal/kg coal of NAR bases ...


Thursday, 17 November 11
INDONESIAN GOVERNMENT PLANS TO ISSUE MORATORIUM ON COAL MINING LICENSE
COALspot.com - Energy and mineral resources ministry is plans to issue a moratorium on the issuance of coal mining licenses, after the anti-graft co ...


Wednesday, 16 November 11
KRISHNAPATNAM PORT BECOMES DEEPEST DRAFT PORT IN INDIA
COALspot.com - Krishnapatnam Port in its quest to be the best port in India has increased its draft to 17.5 meters, according to E-Mail statement fr ...


Wednesday, 16 November 11
CHINA'S INDONESIA COAL IMPORTS RISE IN OCTOBER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31,162,688 MT of coal in October 2011. China was a largest importer of Indonesi ...


   994 995 996 997 998   
Showing 4976 to 4980 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 ...

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