COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 11 September 09
L&T EYES AUSSIE COAL MINE
Commodity Online reported that, Larsen and Toubro is in talks to buy a thermal coal mine in Australia for about $300 million. Thermal coal is used f ...


Wednesday, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...


Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...


Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...


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 ...


   1286 1287 1288 1289 1290   
Showing 6436 to 6440 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Core Mineral Indonesia
  • Kobe Steel Ltd - Japan
  • Deutsche Bank - India
  • Asmin Koalindo Tuhup - Indonesia
  • Siam City Cement PLC, Thailand
  • White Energy Company Limited
  • IMC Shipping - Singapore
  • GAC Shipping (India) Pvt Ltd
  • Indian School of Mines
  • Kideco Jaya Agung - Indonesia
  • CNBM International Corporation - China
  • Wood Mackenzie - Singapore
  • Sical Logistics Limited - India
  • Maruti Cements - India
  • KPCL - India
  • Ceylon Electricity Board - Sri Lanka
  • Pinang Coal Indonesia
  • Essar Steel Hazira Ltd - India
  • ETA - Dubai
  • MS Steel International - UAE
  • Goldman Sachs - Singapore
  • PetroVietnam Power Coal Import and Supply Company
  • Agrawal Coal Company - India
  • Ind-Barath Power Infra Limited - India
  • Kepco SPC Power Corporation, Philippines
  • Gujarat Electricity Regulatory Commission - India
  • Timah Investasi Mineral - Indoneisa
  • Adaro Indonesia
  • Cemex - Philippines
  • Orica Australia Pty. Ltd.
  • NALCO India
  • Carbofer General Trading SA - India
  • Bhushan Steel Limited - India
  • TRAFIGURA, South Korea
  • IBC Asia (S) Pte Ltd
  • World Coal - UK
  • Surastha Cement
  • Georgia Ports Authority, United States
  • PetroVietnam
  • SUEK AG - Indonesia
  • IEA Clean Coal Centre - UK
  • GN Power Mariveles Coal Plant, Philippines
  • Maheswari Brothers Coal Limited - India
  • Coaltrans Conferences
  • ING Bank NV - Singapore
  • Clarksons - UK
  • Shenhua Group - China
  • SMG Consultants - Indonesia
  • Runge Indonesia
  • Standard Chartered Bank - UAE
  • Directorate Of Revenue Intelligence - India
  • Mitra SK Pvt Ltd - India
  • MEC Coal - Indonesia
  • Indonesian Coal Mining Association
  • KOWEPO - South Korea
  • Meralco Power Generation, Philippines
  • Aditya Birla Group - India
  • WorleyParsons
  • Freeport Indonesia
  • Altura Mining Limited, Indonesia
  • Jindal Steel & Power Ltd - India
  • Barasentosa Lestari - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • NTPC Limited - India
  • GMR Energy Limited - India
  • Platou - Singapore
  • Parry Sugars Refinery, India
  • Riau Bara Harum - Indonesia
  • Manunggal Multi Energi - Indonesia
  • The University of Queensland
  • Uttam Galva Steels Limited - India
  • Bangladesh Power Developement Board
  • Marubeni Corporation - India
  • Meenaskhi Energy Private Limited - India
  • Edison Trading Spa - Italy
  • Russian Coal LLC
  • Savvy Resources Ltd - HongKong
  • Indonesia Power. PT
  • SASOL - South Africa
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • OCBC - Singapore
  • Energy Link Ltd, New Zealand
  • UOB Asia (HK) Ltd
  • Maersk Broker
  • SRK Consulting
  • South Luzon Thermal Energy Corporation
  • Coalindo Energy - Indonesia
  • Trasteel International SA, Italy
  • McKinsey & Co - India
  • RBS Sempra - UK
  • Coeclerici Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Economic Council, Georgia
  • Sinarmas Energy and Mining - Indonesia
  • Thermax Limited - India
  • Aboitiz Power Corporation - Philippines
  • Thai Mozambique Logistica
  • Bulk Trading Sa - Switzerland
  • Bharathi Cement Corporation - India
  • TNPL - India
  • Tamil Nadu electricity Board
  • Price Waterhouse Coopers - Russia
  • PLN Batubara - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Tata Power - India
  • ANZ Bank - Australia
  • Lanco Infratech Ltd - India
  • European Bulk Services B.V. - Netherlands
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • U S Energy Resources
  • Sojitz Corporation - Japan
  • Mitsui
  • Gujarat Sidhee Cement - India
  • Cosco
  • Mercator Lines Limited - India
  • Vedanta Resources Plc - India
  • Mercuria Energy - Indonesia
  • Mintek Dendrill Indonesia
  • Vizag Seaport Private Limited - India
  • Orica Mining Services - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Peabody Energy - USA
  • Gupta Coal India Ltd
  • Ernst & Young Pvt. Ltd.
  • The India Cements Ltd
  • Permata Bank - Indonesia
  • Xstrata Coal
  • Petron Corporation, Philippines
  • ICICI Bank Limited - India
  • ACC Limited - India
  • Bukit Makmur.PT - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • SMC Global Power, Philippines
  • OPG Power Generation Pvt Ltd - India
  • globalCOAL - UK
  • J M Baxi & Co - India
  • Tata Chemicals Ltd - India
  • Arch Coal - USA
  • Australian Commodity Traders Exchange
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Baramulti Group, Indonesia
  • Independent Power Producers Association of India
  • Heidelberg Cement - Germany
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Indogreen Group - Indonesia
  • Romanian Commodities Exchange
  • Sindya Power Generating Company Private Ltd
  • Bukit Baiduri Energy - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Neyveli Lignite Corporation Ltd, - India
  • Simpson Spence & Young - Indonesia
  • Interocean Group of Companies - India
  • Anglo American - United Kingdom
  • Kapuas Tunggal Persada - Indonesia
  • Jaiprakash Power Ventures ltd
  • Central Java Power - Indonesia
  • KEPCO - South Korea
  • Ministry of Transport, Egypt
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Kobexindo Tractors - Indoneisa
  • Globalindo Alam Lestari - Indonesia
  • Gresik Semen - Indonesia
  • Ministry of Mines - Canada
  • Attock Cement Pakistan Limited
  • SN Aboitiz Power Inc, Philippines
  • APGENCO India
  • Vitol - Bahrain
  • Sree Jayajothi Cements Limited - India
  • Bayan Resources Tbk. - Indonesia
  • Toyota Tsusho Corporation, Japan
  • EIA - United States
  • TNB Fuel Sdn Bhd - Malaysia
  • World Bank
  • Africa Commodities Group - South Africa
  • Therma Luzon, Inc, Philippines
  • Mechel - Russia
  • Inspectorate - India
  • Lafarge - France
  • Vijayanagar Sugar Pvt Ltd - India
  • Coastal Gujarat Power Limited - India
  • GNFC Limited - India
  • Singapore Mercantile Exchange
  • CIMB Investment Bank - Malaysia
  • Idemitsu - Japan
  • Fearnleys - India
  • IHS Mccloskey Coal Group - USA
  • Posco Energy - South Korea
  • Coal Orbis AG
  • Power Finance Corporation Ltd., India
  • Merrill Lynch Bank
  • Ince & co LLP
  • Indo Tambangraya Megah - Indonesia
  • San Jose City I Power Corp, Philippines
  • New Zealand Coal & Carbon
  • Chettinad Cement Corporation Ltd - India
  • Bhatia International Limited - India
  • Indian Energy Exchange, India
  • Reliance Power - India
  • Noble Europe Ltd - UK
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • DBS Bank - Singapore
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Bangkok Bank PCL
  • Qatrana Cement - Jordan
  • Port Waratah Coal Services - Australia
  • Siam City Cement - Thailand
  • Energy Development Corp, Philippines
  • Asia Cement - Taiwan
  • Minerals Council of Australia
  • Thriveni
  • GB Group - China
  • Mjunction Services Limited - India
  • PowerSource Philippines DevCo
  • Wilmar Investment Holdings
  • TANGEDCO India
  • Bahari Cakrawala Sebuku - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Rudhra Energy - India
  • Maharashtra Electricity Regulatory Commission - India
  • Vale Mozambique
  • Formosa Plastics Group - Taiwan
  • The State Trading Corporation of India Ltd
  • Oldendorff Carriers - Singapore
  • Platts
  • Bukit Asam (Persero) Tbk - Indonesia
  • Argus Media - Singapore
  • Shree Cement - India
  • Rio Tinto Coal - Australia
  • Merrill Lynch Commodities Europe
  • Inco-Indonesia
  • TGV SRAAC LIMITED, India
  • bp singapore
  • BNP Paribas - Singapore
  • McConnell Dowell - Australia
  • Metalloyd Limited - United Kingdom
  • Jatenergy - Australia
  • Japan Coal Energy Center
  • Antam Resourcindo - Indonesia
  • Electricity Generating Authority of Thailand
  • Geoservices-GeoAssay Lab
  • Cargill India Pvt Ltd
  • Indorama - Singapore
  • Global Business Power Corporation, Philippines
  • PTC India Limited - India
  • CoalTek, United States
  • TeaM Sual Corporation - Philippines
  • LBH Netherlands Bv - Netherlands
  • London Commodity Brokers - England
  • Bank of China, Malaysia
  • Dalmia Cement Bharat India
  • Bank of America
  • Humpuss - Indonesia
  • Australian Coal Association
  • Ministry of Finance - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Cardiff University - UK
  • Kumho Petrochemical, South Korea
  • Chamber of Mines of South Africa
  • Deloitte Consulting - India
  • ASAPP Information Group - India
  • Medco Energi Mining Internasional
  • The Treasury - Australian Government
  • Commonwealth Bank - Australia
  • Leighton Contractors Pty Ltd - Australia
  • Samtan Co., Ltd - South Korea
  • GVK Power & Infra Limited - India
  • Star Paper Mills Limited - India
  • IOL Indonesia
  • JPower - Japan
  • International Coal Ventures Pvt Ltd - India
  • Krishnapatnam Port Company Ltd. - India
  • Thomson Reuters GRC
  • Panama Canal Authority
  • Adani Power Ltd - India
  • Renaissance Capital - South Africa
  • Eastern Coal Council - USA
  • KPMG - USA
  • Madhucon Powers Ltd - India
  • Cebu Energy, Philippines
  • CCIC - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Directorate General of MIneral and Coal - Indonesia
  • Grasim Industreis Ltd - India
  • GHCL Limited - India
  • Banpu Public Company Limited - Thailand
  • Global Green Power PLC Corporation, Philippines
  • Enel Italy
  • Britmindo - Indonesia
  • Coal and Oil Company - UAE
  • JPMorgan - India
  • Kaltim Prima Coal - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Intertek Mineral Services - Indonesia
  • Central Electricity Authority - India
  • Holcim Trading Pte Ltd - Singapore
  • Sarangani Energy Corporation, Philippines
  • Cement Manufacturers Association - India
  • Global Coal Blending Company Limited - Australia
  • VISA Power Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • HSBC - Hong Kong
  • Credit Suisse - India
  • Karaikal Port Pvt Ltd - India
  • Latin American Coal - Colombia
  • Arutmin Indonesia
  • Makarim & Taira - Indonesia
  • Salva Resources Pvt Ltd - India
  • India Bulls Power Limited - India
  • Samsung - South Korea
  • SGS (Thailand) Limited
  • Alfred C Toepfer International GmbH - Germany
  • Kalimantan Lumbung Energi - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Indian Oil Corporation Limited
  • Mitsubishi Corporation
  • EMO - The Netherlands
  • Petrosea - Indonesia
  • Total Coal South Africa
  • Sucofindo - Indonesia
  • Asian Development Bank
  • PNOC Exploration Corporation - Philippines
  • Moodys - Singapore
  • Parliament of New Zealand
  • Thailand Anthracite
  • Indika Energy - Indonesia
  • Malabar Cements Ltd - India
  • BRS Brokers - Singapore
  • Eastern Energy - Thailand
  • Ambuja Cements Ltd - India
  • Kohat Cement Company Ltd. - Pakistan
  • Larsen & Toubro Limited - India
  • Semirara Mining Corp, Philippines
  • Planning Commission, India
  • Glencore India Pvt. Ltd
  • Tanito Harum - Indonesia
  • UBS Singapore
  • Coal India Limited
  • PLN - Indonesia
  • Videocon Industries ltd - India
  • Berau Coal - Indonesia
  • Infraline Energy - India
  • Bhoruka Overseas - Indonesia
  • Maybank - Singapore
  • Iligan Light & Power Inc, Philippines
  • Xindia Steels Limited - India
  • Borneo Indobara - Indonesia
  • Malco - India
  • CESC Limited - India
  • Sakthi Sugars Limited - India
  • Thiess Contractors Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Barclays Capital - USA
  • Billiton Holdings Pty Ltd - Australia
  • Electricity Authority, New Zealand