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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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Wednesday, 16 September 09
S. LANKA, INDIA'S NTPC TO SIGN $500 MLN COAL DEAL
Reuters reported that, Sri Lanka is to sign a commercial agreement with India's National Thermal Power Corporation (NTPC.BO) to build a $500 millio ...
Wednesday, 16 September 09
NAPOCOR GETS 3 OFFERS IN COAL TENDER
ABS-CBN news reported that, The Philippines' state-run National Power Corp. (Napocor) said on Wednesday it received offers from 3 Indonesian firms ...
Wednesday, 16 September 09
S.KOREA KOSEP BUYS 1.06 MLN T COAL-SOURCE
* 6,080 kcal/kg at $63-65, 4,900-5,350 kcal/kg at $56-58
* Initially about 5 mln T offered for tender
Reuters reported that, Korea South ...
Tuesday, 15 September 09
CHINA COAL EXPORT ROSE M-O-M FOR THE STRAIGHT 3 MONTHS
Alibaba reported that, In the January-August period, China coal exports slid by 55.9% to 14.83mln tons month on month. In August, China exported 1.9 ...
Monday, 14 September 09
CIL MAY REDUCE FLOOR PRICE OF E-AUCTION COAL
After receiving a lukewarm response to the forward e-auction started in two of its subsidiaries, Coal India Limited (CIL) is mulling to reduce the f ...
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- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- White Energy Company Limited
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- PTC India Limited - India
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Planning Commission, India
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- MS Steel International - UAE
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
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