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Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
 The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it improves rail networks for the transportation of coal.
The company may sell as much as 15 million tons of coal next year, an increase from its target of 13.5 million this year, as it expects to transport more coal after purchasing of new locomotives, corporate secretary Achmad Sudarto said Monday night. "We hope that with better transport we can sell more coal."
The improvement in the transportation system is expected to help the company capitalize on a rise in production in 2010, when coal output is expected to reach up to 14 million tons from the expected 11 million tons this year.
The company sells coal not only from its own mines but from trade.
Aiming to increase production in near future, PT BA is in the process of acquiring two mining companies in Kalimantan under a deal estimated to be worth US$150 million.
"We hope we can settle the deal before the end of this year," Sudarto said, adding the company would finance the acquisition with internal funds.
The acquisitions are aimed at helping the company meet its production target of 50 million-tons in the next three to four years.
PT BA produced 5.6 million tons of coal in the first half this year, a 20-percent rise on 2008. It sales volume was unchanged at 5.8 million tons, of which 73 percent was allocated to the domestic market. The company's latest financial report showed its net profit soared 124 percent to Rp 1.59 trillion ($159 million) in the first half of this year, on the back of higher coal prices.
The company said that the average selling price rose 55.7 percent to Rp 768,553 a ton.
Sudarto said that the performance of the company in the next half "will be so much better" on the back of increasing sales volume, which is expected to reach 13.5 million tons this year, a 5.5-percent increase on 2008.
Sudarto also unveiled a target for the completion of 30-megawatt coal-fired power plant in South Sumatra in first quarter of 2011. The plant, Sudarto said, will cut operational cuts.
The company needs 23 megawatts of electricity to support its production activities.
Source: The Jakarta Post
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Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
Thursday, 22 October 09
2ND UNITED INDONESIA CABINET UNVEILED
The Jakarta Post reported that, President Susilo Bambang Yudhoyono announced his second United Indonesia Cabinet on Wednesday night, comprising 34 m ...
Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks t ...
Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a c ...
Wednesday, 21 October 09
MINING REGULATION GENERATES CONFUSION IN INDONESIA
The Jakarta Globe reported that, Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the w ...
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- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
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- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- The University of Queensland
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
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- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
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