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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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Thursday, 18 October 18
SUPRAMAX: INDO/WC INDIA SUPRAS ARE FIXING AROUND MID $14000S P/D BASIS SPORE DELIVERY
Capesize
The volatile Cape market continues this week, especially in the Pacific says Fearnleys in its latest weekly report.
...
Thursday, 18 October 18
COAL SHORTAGE HITS POWER SECTOR AGAIN; HOW INDIA CAN GET ITS PRODUCTION RIGHT - ANIL SWARUP
By convincing states of the value proposition of increased production, the record production of Fy15 & Fy16 can be emulated.
The ...
Thursday, 18 October 18
CHINA POWER REFORM NEUTRAL ON GRIDS, PRESSURES IPP MARGINS - FITCH RATINGS
China's power sector reform has a broadly neutral impact on transmission grids although it will pressure the power producers' margins, says ...
Wednesday, 17 October 18
ESCROW SERVICE FOR BALTIC MEMBERS NOW LIVE
The Baltic Exchange’s Escrow Service for its members to hold deposits for ship sale transactions goes live today (15 October). The service is ...
Wednesday, 17 October 18
SHIPPING MARKET INSIGHT - TIMOS PAPADIMITRIOU
In the last three months approximately 72 tankers changed hands involving ships larger than 33kdwt up to VLCC. 43 of those vessels had to do ...
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- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
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