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Thursday, 09 July 09
GARDA LISTS SHARES IN LOCAL BOURSE
Local coal company PT Garda Tujuh Buana officially listed its shares in the Indonesia Stock Exchange (IDX).
The listing followed the company's previous initial public offering (IPO) held between July 1 and 3.
Through the IPO, the company offered 73 percent its shares to the public at the price of Rp 115 a share and managed to secure Rp 210 billion in proceeds.
Garda director for business development Socrates Rudy Sirait says that the company will use 45.27-percent of the proceeds for capital expenditure, 9.19 percent for loan refinancing and 45.55 percent for working capital.
With that budget, the company targets to produce 900,000 tons of coal by the end of the year and will double it to the level of 1.8 million tons in 2010.
Last year, the company produced 30,000 tons of coal.
The company has a coal concession in Bunyu island, East Kalimantan with a total coal reserve of 140 million tons.
Source: The Jakarta Post
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Thursday, 23 July 09
INDONESIA COAL-PRICES CLIMB TO $80, INDIAN DEMAND SLOWS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, jumped to nearly $80 a tonne this week, while Indonesi ...
Thursday, 23 July 09
COAL IMPORTS SURGE; EXPORTS DOWN IN H1
China Trade Information reported that, China’s coal imports surged by 126.3 percent year-on-year in the first half of 2009, reaching 48.3 mill ...
Thursday, 23 July 09
SRI LANKA CALLS FOR COAL SUPPLY BIDS
Daily Mirro reported that, In a move to install the country’s first coal power plant, Sri Lanka has invited bids to supply 2.4 million metric ...
Thursday, 23 July 09
POWER INVESTORS TURN BACKS ON VIETNAMESE COAL IMPORTERS
VietNamNet Bridge reported that, Investors of power plants always seek foreign coal sources to import themselves, believing they can come by it chea ...
Wednesday, 22 July 09
BERAU COAL DRAWS LOCAL, CHINESE BIDS - SOURCES
* Indonesian coal firm draws local, Chinese bids-sources
* Deal could value Berau at more than $1 billion-sources
Reuters reported that, China' ...
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- Jaiprakash Power Ventures ltd
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- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
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- Bukit Baiduri Energy - Indonesia
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- Planning Commission, India
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- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
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- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
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- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
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- Parry Sugars Refinery, India
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- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Economic Council, Georgia
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- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
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- Antam Resourcindo - Indonesia
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- Kobexindo Tractors - Indoneisa
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- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
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- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- White Energy Company Limited
- The University of Queensland
- Altura Mining Limited, Indonesia
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- Chamber of Mines of South Africa
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- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
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