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Thursday, 20 August 09
INDONESIA'S BUKIT ASAM SET FOR MINE ACQUISITIONS
* Allocates $150 million for coal mine acquisitions
* Expects one deal to be completed by the end of 2009
Reuters world's largest international multimedia news agency reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam has set aside $150 million to buy coal mines and expects to complete one mine acquisition by the end of 2009, President Director Sukrisno said on Thursday.
The acquisitions are part of the firm's plan to increase its coal production to 50 million tonnes a year within five to six years.
"We are in the due dilligence process for two mines, but hopefully this year we will settle the deal for one mine," said Sukrisno.
Data on the mine's coal reserves was not yet available because the mine, located in East Kalimantan, was new and had not started production, he said.
Bukit Asam expected its coal output to be 12 million tonnes this year, up from 11 million tonnes in 2008, helped by an increased use of trains to transport coal.
The firm had previously said it planned to increase train capacity to carry coal to 11.6 million tonnes this year, from 10.3 million tonnes by adding more trains.
Bukit Asam, Indonesia's third-largest coal miner by market value, had also said it would form a joint venture with state train operator PT Kereta Api Indonesia to upgrade existing rail links from its coal mines to a port on the southern tip of Sumatra.
South Sumatra, where Bukit Asam's coal mines are located, has 47 billion tonnes of coal reserves, or half of Indonesia's total of 93.4 billion tonnes, data from the energy and mines ministry shows.
But poor transportation in the province has been an obstacle to increase coal output, which averages just 12 million tonnes a year.
Source: Reuters
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Wednesday, 12 August 09
COAL INDIA TO IMPORT 4 MLN T 2009/10 - MEDIA
State-run Coal India Ltd plans to directly import 4 million tonnes of coal in the current fiscal year to March 2010, Chairman Partha Bhattacharyya s ...
Wednesday, 12 August 09
CHINA'S LARGEST COAL PRODUCER TO SET UP COAL RESERVES
China's National Development and Reform Commission has commissioned China Shenhua Energy Co., the nation's largest coal producer, to build 10 stor ...
Wednesday, 12 August 09
NALCO SMELTER CONSTRUCTION MAY FACE DELAY
The Jakarta Post reported that, India’s state-run National Aluminum Company (Nalco) may postpone the construction of an aluminum smelter in In ...
Wednesday, 12 August 09
COAL MINE PLAN SHOT DOWN OVER GREEN CONCERNS
The Times of India reported that, In a major setback to Adani Powers, the principal chief conservator of forests (PCCF) has rejected its proposal fo ...
Tuesday, 11 August 09
INDONESIA'S COAL EXPORTS TO INDIA WILL BE EXEMPTED FROM DUTIES STARTING JANUARY 1, 2013 - BERITA SORE
Berita sore reported that, ASEAN is scheduled to sign a long-awaited Free Trade Agreement (FTA) with India in Bangkok on Thursday aimed at boosting ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Malabar Cements Ltd - India
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- MS Steel International - UAE
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
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