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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, 12 June 19
IMO 2020 - COUNTDOWN TO 1 JANUARY 2020 -HOW WILL THE CHANGES AFFECT REFINING AND SHIPPING? - WOOD MACKENZIE
We know that the IMO’s regulations represent the biggest step change the shipping industry has ever seen and the implications will be felt th ...
Wednesday, 12 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
This year’s tanker S&P activity keeps edging higher compared to the same period in 2018. Year to date we have seen some 143 ships, rangin ...
Tuesday, 11 June 19
INDONESIAN COAL PRICE REFERENCE SET AT $81.48 PER TON IN JUNE, DOWN 15.66 PERCENT YEAR-ON-YEAR
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 10 June 19
CONSECUTIVE OWNERS OF CARGO: WHO HOLDS TITLE AND THE RIGHT TO SUE? - COLIN BIGGERS & PAISLEY
KNOWLEDGE TO ELEVATE
In Tritton Resources Pty Ltd v Ever Rock Navigation S.A. [2019] FCA 276, the Federal Court considered the application of ...
Monday, 10 June 19
KOSPO INVITES BIDS FOR 1,305,000 MT OF MIN 5600 KCAL/KG NCV COAL FOR SEPT 2019 TO DEC 2021
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 435,000 MT (per year) of max 5,600 kcal/kg N ...
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- Bhatia International Limited - India
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- VISA Power Limited - India
- The University of Queensland
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
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