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Friday, 18 September 09
STANCHART TO ADVISE BAYAN ON INDONESIA COAL FINANCING
Indonesian coal miner PT Bayan Resources Tbk said on Wednesday it has appointed Standard Chartered Bank as a financial adviser for raising at least $150 million for a briquetted coal project.
Standard Chartered is advising PT Kaltim Supacoal -- a joint venture firm between Bayan and a unit of Australia's White Energy Ltd -- on financing for the expansion phase of Bayan's Tabang mine in East Kalimantan on Borneo island to 5 million tonnes in annual capacity, it said.
'Based on current information and proposed expansion plans, the final amount available under the facility is expected to be a minimum of $150 million,' Bayan said in a statement.
The joint venture was established to turn high moisture coal produced in Bayan's Tabang mine into a higher energy clean burning product using technology provided by White Energy for use in coal-fired power plants.
Bayan plans to get production up to 15 million tonnes a year from an initial target of 5 million.
It has completed construction of the first coal upgrading plant and has produced first batch upgraded clean coal briquettes last month at its plant which has a capacity of 1 million tonnes per annum.
The financing will be conditional upon the successful completion of due diligence by Standard Chartered Bank including the satisfactory operation of the new plant, the firm said.
Standard Chartered has also agreed to provide Kaltim Supacoal with an immediate interim working capital facility of $10 million to assist with its operating and production ramp-up expenses.
Bayan is one of Indonesia's largest coal miners, operating a 15 million tonnes per year coal terminal at Balikpapan in East Kalimantan.
Source: Reuters
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Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...
Wednesday, 07 October 09
WORLD'S LEADING COAL-BASED PP PROJECT TO BEGIN TRIAL PRODUCTION NEXT YEAR IN NW CHINA
Xinhua Net reported that, a coal-based polypropylene (PP) production project in northwest China, believed to be the world's largest one, is to ...
Wednesday, 07 October 09
INDIA SAIL TO IMPORT 10-11 MLN T COAL IN FY10 - EXEC
Reuters reported that, Steel Authority of India Ltd plans to import 10-11 million tonnes of coal in the current year to March, below last year's 13 ...
Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station ...
Wednesday, 07 October 09
CHINESE BANK MAY PULL OUT OF SUMATRA COAL RAILWAY
The Jakarta Globe reported that, The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned ...
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- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Independent Power Producers Association of India
- The University of Queensland
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Interocean Group of Companies - India
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Economic Council, Georgia
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
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