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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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Tuesday, 25 December 18
FUEL QUALITY AND SAFETY IN IMO CONVENTIONS: A GROWING CHALLENGE, EVEN PRIOR TO 1 JANUARY 2020 - IUMI
At the 100th session of the International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) meeting discussions on fuel quality a ...
Monday, 24 December 18
DRY BULK MARKET: CAPESIZE MARKET ON BACKFOOT AS 2018'S END DRAWS NEAR - THE BALTIC BRIEFING
Capesize
Panic set in in the East as the holiday season approaches, with owners chasing rates lower. Rates on the key West Australia/China route ...
Friday, 21 December 18
4.2 MILLION DWT OF DRY BULK SHIPS SCRAPPED UNTIL 17 DEC, DOWN 71.6% Y/Y - BIMCO
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An al ...
Thursday, 20 December 18
INDONESIAN COAL PRICES DIVERGE FROM KEY BENCHMARK - FITCH RATINGS
The Newcastle 6,000kcal coal price benchmark that is widely used to determine most coal price estimates for Indonesian coal miners has increasingly ...
Wednesday, 19 December 18
CHINA'S IMPORT RESTRICTIONS ON COAL SPOILS THE PARTY FOR PANAMAXES - DREWRY
The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Pa ...
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Showing 1516 to 1520 news of total 6871 |
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- Thai Mozambique Logistica
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Minerals Council of Australia
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
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