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Tuesday, 10 April 18
BUMA GRANTED ADDITIONAL LOAN FACILITY FROM BTMU TO SUPPORT GROWTH
 Press Release: PT Delta Dunia Makmur Tbk. is pleased to announce that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), signed an amendment to its existing loan facility from The Bank of Tokyo Mitsubishi UFJ, Ltd. (“BTMU”).
The amended agreement has total facility of USD150 million, an increase of USD50 million from the original facility that was signed in February 2017. The amended facility maintains its interest rate of LIBOR + 3% p.a. (“Amended BTMU Facilities”).
BUMA’s recent contracts signing with PT Tanah Bumbu Resources, PT Angsana Jaya Energi and PT Insani Baraperkasa have increased its order book from USD5.0 billion to a total of USD6.0 billion. Given the favourable coal market condition, BUMA is also in discussion with both existing and potential new customers regarding more new contracts. The Amended BTMU Facilities complements BUMA’s liquidity to support its growth.
Despite the additional facilities, DOID is expected to maintain a healthy net debt to EBITDA ratio of less than 2.0x, giving significant room in its balance sheet to support further growth.
The Amended BTMU Facilities reflects continued confidence by BUMA’s long-time creditor, BTMU, and is expected to further strengthen the relationship with a business partner that has been mutually supportive over the years.
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Friday, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...
Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...
Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...
Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday.
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Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...
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Showing 11 to 15 news of total 6871 |
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- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Aditya Birla Group - India
- MS Steel International - UAE
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- The University of Queensland
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
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