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Tuesday, 18 December 18
TOBA BARA ACQUIRES SHARES OF PT BATU HITAM PERKASA
 PT Toba Bara Sejahtra Tbk, through its subsidiary PT Toba Bara Energi (“TBE”), has acquired shares of PT Batu Hitam Perkasa (“BHP”) owned by PT Agung Indonesia Mandiri (“AIM”) and PT Saratoga Investama Sedaya Tbk (“SIS”).
According to a press release for the company, the acquisition is in line with the Company’s vision to become one of the prominent integrated energy companies in Indonesia. For the past several years, the Company has made strategic diversification initiativesin the power sector through development of coal-fired power plant projects under its power subsidiaries of PT Gorontalo Listrik Perdana (2x50MW) and PT Minahasa Cahaya Lestari (2x50MW).Through such acquisition, the Company owns 100% shares in BHP, which in turn, holds 5% shares of PT Paiton Energy (“PE”).
Established in February1994, PE is a power plant company that has started its commercial operations of two plants (Unit 7 & 8) in May and July 1999 with total capacity of 615MW each. In March 2012, PE’s Unit 3 commenced its commercial operations with capacity of 815 MW, while marking the first power plant in Indonesia using supercritical boilers ystem technology.
Company Director, Pandu Sjahrir, in Jakarta said, “Our consideration to go ahead with this acquisition was because of PE’s proven track record as awell-run power plant since its first commercial operation back in 1999. Moreover, the acquisition will increase additional capacity to the Company’s total power plant capacity, further enabling it to achieve its vision as one of the best integrated power companiesin Indonesia”. Total transaction value is estimated at around IDR 789.1 billion, or equivalent to US$ 54.0 million.
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Wednesday, 03 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
The global shipping industry is facing numerous challenges at a time when geopolitical turmoil has escalated in view of the recent tension in the M ...
Monday, 01 July 19
COAL DEMAND RISES, BUT REMAINS BELOW PEAK LEVELS - FORBES
This article is the third in a series on BP’s recently-released Statistical Review of World Energy 2019. The Review provides a comprehensive ...
Saturday, 29 June 19
ULTRAMAX: FROM SOUTHEAST ASIA MORE COAL WAS ENTERING THE MARKET - BALTIC BRIEFING
Capesize
The market showed variability over the past week, as most routes were active yet sentiment differed from region to region. The Pacific ...
Wednesday, 26 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
As the first half of the year is almost over, it is worth looking back at the sale and purchase activity during these months, focusing on the segme ...
Tuesday, 25 June 19
THERMAL COAL FUTURES ON THE ZHENGSHOU EXCHANGE ROSE - DANIEL HYNES
Coal markets were buoyed by ongoing supply side issues.
According to Daniel Hynes, Senior Commodity Strategist of ANZ, the the ...
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- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Planning Commission, India
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