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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, 06 March 19
KOREA SOUTHERN POWER CO INVITES BIDS FOR 980,000 MT OF 4600 NCV COAL FOR THREE YEARS
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,600 kcal/kg NCV low calo ...
Wednesday, 06 March 19
SHIPPING MARKET INSIGHT - INERMODAL
In a downward moving market, softer SnP activity is usually a given, as the gap between Sellers’ and Buyers’ ideas widens, especially w ...
Saturday, 02 March 19
A 60,500-TONNER WAS BOOKED DELIVERY SINGAPORE, VIA INDONESIA, REDELIVERY WEST COAST INDIA, AT $11,250 - BALTIC BRIEFING
Capesize
Vale’s ongoing absence from the Brazil spot market continued to have a negative impact on sentiment, with rates falling in all a ...
Thursday, 28 February 19
COAL'S PERFECT STORM HITS $70 BILLION AUSTRALIAN PROJECTS - BLOOMBERG
It’s been a tough few weeks for our coal industry.
First there was a court ruling blocking a new mine on climate change ground ...
Wednesday, 27 February 19
SHIPPING MARKET INSIGHT - INTERMODAL
With the IMO 2020 approaching, it becomes challenging for the market to accurately explore the run-up to the deadline given that marine fuel-oil of ...
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- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Petron Corporation, Philippines
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Planning Commission, India
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Mercator Lines Limited - India
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
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