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Tuesday, 08 September 09
BUKIT ASAM AIMS 14 MLN TONS COAL PRODUCTION
VIVA News reported that, The rise in coal production is mainly triggered by the step-up in domestic demand.
Coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) expected that its coal production would increase to 14 million tons next year.
"We're targeting 11-12 million tons of coal production this year," said Corporate Secretary of PTBA Achmad Sudarto on Monday, September 7.
According to Sudarto, the rise in coal production is mainly triggered by the step-up in domestic demand.
In addition, transportation partnership with PT Kereta Api Indonesia and PTBA will add to the company's coal production by 10 percent compared to the previous year of 10.3 million tons.
He acknowledged that PTBA will still focus on offering its coal in domestic market. So far, the domestic consumption reached 75 percent while 30 percent will be for exports.
Concerning the acquisition of two mining companies in Kalimantan, Sudarto believed that the plan will be materialized this year. The acquisition will be worth US$150 million.
"If the acquisition can be set out this year, the new company can start operating next year," he said.
Based on the performance in the first half of 2009, PTBA's coal sales reached 5.8 million tons consisting of 1.6 million tons for export and 4.2 million tons for domestic market.
Source: Viva News
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Tuesday, 08 September 09
INDIA MAY HAVE A JOINT WORKING GROUP FOR COAL WITH INDONESIA: SRIPRAKASH JAISWAL - PRESS RELEASE
Press Information Bureau of India reported in its web site that, The Coal Ministry has, in principle, agreed to set up a Joint Working Group for coa ...
Tuesday, 08 September 09
INDONESIA OFFERS AN OPPORTUNITY TO INDIANS
Meri News reported that, Indonesia is all set to launch the country's second 10,000 MW accelerated power expansion programme. The new power develop ...
Tuesday, 08 September 09
MERCHANT BANKERS ADVISE CIL ON INDONESIAN MINE BUYS
Business Standard reported that, State-owned Coal India Ltd (CIL) is being advised by four to five merchant bankers on acquisition of coal assets in ...
Tuesday, 08 September 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 - PRESS RELEASE
The 3rd Asia Pacific Coal Trading & Investment Outlook 2009
Analysis of Asia Coal Market amid Global Financial Crisis
COALspot.com(Chin ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA
Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination ...
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- Sojitz Corporation - Japan
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- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Ministry of Finance - Indonesia
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- TeaM Sual Corporation - Philippines
- PTC India Limited - India
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- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- The University of Queensland
- Cement Manufacturers Association - India
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- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
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- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
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- GMR Energy Limited - India
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
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- Chamber of Mines of South Africa
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- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
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- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
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- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
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- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
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- Kepco SPC Power Corporation, Philippines
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- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
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- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Australian Coal Association
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- Commonwealth Bank - Australia
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
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- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
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- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Anglo American - United Kingdom
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- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
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- White Energy Company Limited
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- Renaissance Capital - South Africa
- Planning Commission, India
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
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