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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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Friday, 02 November 18
CHINA: COAL CONSUMPTION POSTS STRONG GROWTH ON BACK OF POWER GENERATION DEMAND - CHINA DAILY
China’s energy consumption experienced continuous rebound during the first three quarters in 2018, National Energy Administration announced o ...
Thursday, 01 November 18
IMO 2020 - EXPLORING THE OPTION OF SOX SCRUBBERS - SIDDHARTH MAHAJAN, GARD
KNOWLEDGE TO ELEVATE
There are four possible methods of compliance:
1.use VLSFO (very low Sulphur oil) or blends;
2,use dis ...
Wednesday, 31 October 18
INDIA: COAL IMPORTS SURGE ON DOMESTIC SHORT SUPPLY - HINDU
Shortage of thermal coal supply in India has pushed imports up to 85 million tonnes (mt) in the first half of the current fiscal compared to 75 mt ...
Wednesday, 31 October 18
SHIPPING MARKET INSIGHT - APOSTOLOS ROMPOPOULOS
Since the IMO’s 2020 global cap on sulphur in marine fuels is coming into force, ship-owners have to decide whether they will operate using e ...
Monday, 29 October 18
IMPLEMENTATION OF SULPHUR 2020 LIMIT - CARRIAGE BAN ADOPTED - IMO
An amendment to support consistent implementation of the forthcoming 0.50% limit on sulphur in ships fuel oil was adopted by the International Mari ...
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- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
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