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
Tuesday, 18 December 18
TOBA BARA ACQUIRES SHARES OF PT BATU HITAM PERKASA
Toba Bara LogoPT  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.


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

Recent News

Saturday, 06 April 19
AUSTRALIA COAL POSTS BIGGEST WEEKLY DROP IN A DECADE AMID WEAK DEMAND - REUTERS
Australian thermal coal prices this week registered their biggest weekly fall since the financial market turmoil of a decade ago as demand plunged ...


Saturday, 06 April 19
SUPRAMAX: IT WAS A POOR WEEK OVERALL FOR THE BALTIC SUPRAMAX INDEX, WHICH LOST GROUND - BALTIC BRIEFING
Capesize The Capesize market over the past week looked to have found a floor on Tuesday with the BCI 5TC at $3460 before firming into the rest ...


Thursday, 04 April 19
OVERSUPPLY STILL MAJOR CHALLENGE WARNS ICS
Speaking in Istanbul, Simon Bennett, Deputy Secretary General of the International Chamber of Shipping (ICS) warned that avoiding overcapacity and ...


Thursday, 04 April 19
GLENCORE, TOHOKU ELECTRIC SET COAL CONTRACT PRICE AT $94.75/T - SOURCE, REUTERS REPORTED
Global miner Glencore and Japan’s Tohoku Electric Power agreed on a price of $94.75 per tonne for supplies of thermal coal from Australia for ...


Monday, 01 April 19
FORCE MAJEURE SUCCESS NOT A SEA CHANGE - BALTIC EXCHANGE
KNOWLEDGE TO ELEVATE It is difficult to successfully argue that contractual performance has been prevented or delayed by force majeure. This i ...


   286 287 288 289 290   
Showing 1436 to 1440 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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