We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 23 August 12
EGCO GROUP EXPANDS TOWARDS INTEGRATED ENERGY BUSINESS WITH INVESTMENT IN INDONESIAS COAL MINE
 Electricity Generating Public Company Limited or EGCO Group, the Thailand’s first Independent Power Producer has continually invaded foreign markets with an aim to expand its business towards the integrated energy business. The company today announced the investment in a coal mine project through the acquisition of 40 percent ownership of interest in Manambang Muara Enim coal mine project (“MME”), worth $197 million.
Mr. Sahust Pratuknukul, President of EGCO Group stated that “On August 16, 2012, the company signed the Share Purchase Agreement to acquire 40% ownership of interest in the MME project, and will become partner of Indonesian company PT Alam Karya Nusantara. The total investment for this project is $197 million, which accounts for 5.98% of EGCO Group’s total assets.”
MME is open-pit coal mine located in Muara Enim Regency, South Sumatra in Republic of Indonesia with the concession license from the government of Republic of Indonesia for 28 years starting from March 2010 to March 2038. The operating area covers 1,587 hectares or 9,918 rais and 3 ngans. MME has been operated since March 2010.
“The investment is in line with EGCO Group's strategic plan to expand our business towards the integrated energy business to enhance the stability of fuel supply in the long run. Additionally, it will strengthen EGCO Group’s presence in Indonesia and we expect it should provide opportunities for growth in the future.” Mr. Sahust concluded.
About PT Alam Karya Nusantara:
PT Alam Karya Nusantara is Indonesian company that has established portfolio of coal mining concession in Indonesia. Starting 2010, it has been delivering coal to both domestic and export markets. Its South Sumatera coal concession is well positioned to serve growing coal markets such as China, India, Southeast Asia and other Asian countries.
Source: EGCO's website
About EGCO
The Electricity Generating Public Company Limited or EGCO is the first independent power producer in Thailand. EGCO was incorporated on May 12, 1992 by Electricity Generating Authority of Thailand (EGAT) which marked the commencement of the Thai government’s privatization initiatives to allow broader private sector investment in the power sector. EGCO was transformed into a public company on March 23, 1994 and was listed on the Stock Exchange of Thailand (SET) on January 16, 1995.
EGCO is a holding company with investment in power generation and supply as well as comprehensive energy services providing operation, maintenance, engineering and construction services to power plants and other industries in Thailand and overseas. Furthermore, the company also searches for other good opportunities for growth in the energy related to the core business.With the corporate philosophy to grow business over a long term, EGCO Group efficiently runs our electricity generating business while taking care of the environment and the society to maintain the balance between economics return and social and environment contribution which will lead to national sustainable development.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 18 August 12
BULK FREIGHT MARKETS CONTINUED THEIR DECLINE IN LINE WITH WEAK DEMAND - VISTAAR
COALspot.com - This week also the indices fell on all segments with BDI touching lowest in almost 3 years.
The BDI closed at 714 points down by 7 ...
Thursday, 16 August 12
PUBLIC PRIVATE PARTNERSHIPS CONFERENCE 2012
Press Release - Asia’s Premier Public Private Partnerships Conference 2012 will showcase commercial opportunities for investors and developers ...
Wednesday, 15 August 12
UT GENERATED RP 3.09 TRILLION NET INCOME
COALspot.com - As of June 2012 Indonesia’s heavy equipment market grew 14%, from 8,448 units to 9,618 units (based on UT’s internal mark ...
Tuesday, 14 August 12
SAKARI ENTERED INTO JV IN CAMBODIA TO EXPLORE COAL OPPORTUNITIES
COALspot.com - Sakari joints hands with The Royal Group of Companies in Cambodia to explore and develop coal opportunities throughout the country.
...
Tuesday, 14 August 12
SAKARI SIGNS HEADS OF AGREEMENT TO ACQUIRE SIX COAL CONCESSIONS IN INDONESIA
COALspot.com - Sakari has signed a Heads of Agreement (HOA) to acquire a 100% interest in up to six IUPs, covering an area of over 29,000 hectares, ...
|
|
|
Showing 4611 to 4615 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- White Energy Company Limited
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Australian Coal Association
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
|
| |
| |
|
