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Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
 The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bharat Earth Movers, which has set up an operation in Balikpapan, East Kalimantan.
Bharat’s total investment, including a basic assembly plant and after-sales service network, is expected to reach an estimated $44 million.
“Based on our study, Indonesia presents big opportunities for heavy equipment,” Bharat’s chairman and managing director, V RS Natarajan, said at a launch ceremony in Jakarta on Monday. “We believe that the total market is worth between $500 and $600 million.”
Until Bharat’s arrival, there had only been two heavy equipment suppliers in Indonesia — US-based Caterpillar and Japan-based Komatsu.
Natarajan said that Bharat would be seeking a 10 percent market share worth an estimated $50 million in its first year of operations.
“Currently, we have contracts with two Indonesian companies — Bumi Resources and another Bakrie group company,” he said. “The contracts are worth $44 million and cover three products: hydraulic excavators, bulldozers and wheel dozers.”
Over the next two years, Bharat is targeting $300 million in heavy equipment sales. “And if we achieve that target, we will open a full assembly plant in Indonesia,” Natarajan said.
Bharat is an Indian state-owned company run by that country’s Ministry of Defense.
It produces 35 types of heavy equipment for the mining and construction sectors, defense equipment and metro and railway equipment. To establish its edge among the competition, Natrajan said that Bharat would offer customers lower prices, faster arrival times and warranties of up to 17 years.
“India and Indonesia are quite near each other, compared to Japan or the United States. So we’re able to promise the customer faster arrival times,” he said.
This is the fourth branch outside of India that has been established by Bharat, with the others being in Malaysia, China and Brazil.
“We chose Indonesia as this country has a strong mining sector, but lacks heavy equipment,” Natrajan said.
The arrival of Bharat comes at a difficult time for the heavy equipment industry, as the economic slump continues to eat into mining output.
“Many of the existing companies have had to postpone expanding capacity due to the global crisis, which has forced mine operators to delay their purchases of heavy equipment,” Pratojo Dewo, the chairman of the Heavy Equipment Industry Association (Hinabi), said on Sunday, as quoted by Kontan business daily.
Source: The Jakarta Globe
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Monday, 24 August 09
10 LAKH (1 MILLION) TONNE COAL BURNT IN KPT
Times of India reported that, In an unusual phenomenon, 10 lakh tonne coal cache stored at a plot in Kandla Port Trust was reduced to ashes after it ...
Monday, 24 August 09
LANCO IN TALKS FOR INDONESIAN COAL MINE
Economic Times of India reported that, Infrastructure company Lanco Infratech is in advanced talks with Indonesian engineering, procurement and cons ...
Saturday, 22 August 09
'THE BDI IS LIKELY TO BE HOLDING AROUND 2,500 POINTS' - SHIPPING UPDATE
COALspot.com (Singapore): The dry bulk market continued to be soft and the BDI dropped by 10 percent this week and closed at 24,68 points this week. ...
Saturday, 22 August 09
INDIAN COAL BUYERS RE-EMERGE WITH FRESH TENDERS
Reuters world's largest international multimedia news agency reported that,Indian coal end-users have re-emerged after a few weeks with several fre ...
Friday, 21 August 09
HUANENG YIMIN TO HIKE COAL OUTPUT
China Daily, the largest English portal in China reported that, China's first large coal-electricity joint project, Huaneng Yimin Coal Electricity ...
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Showing 6481 to 6485 news of total 6871 |
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- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Planning Commission, India
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
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