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Monday, 12 October 09
INDONESIAN COAL MINER SAYS PLANS IPO IN 2010
Reuters reported that, Indonesian coal miner PT Bhakti Energi Persada plans an initial public offering in the first quarter of 2010 to develop coal mines in East Kalimantan, the firm's president director said on Monday.
A consortium of PT Persada Capital Investama and PT Triputra Investindo Arya, which are also stakeholders in coal producer Adaro Energy own a combined 65 percent shares in Bhakti Energi and the rest is owned by individual investors.
Jeffrey Mulyono, Bhakti's president director, told reporters on the sidelines of the Coaltrans 3rd Coal Mining Operations and Economics confererence in Jakarta that the miner planned to apply to the capital market regulator in January and the IPO could take place in March or in April.
He did not say how much the miner aimed to raise from the IPO but said proceeds raised would be used to finance infrastructure development at its Wahau mine in East Kalimantan.
Local media have reported that PT Bhakti had appointed PT Bahana Securities as the underwriter for the offering.
Bhakti Energi has eight mining concessions. One has started production with mineable coal reserves of 127 million tonnes, while the remaining seven concessions, where mining has not yet started, have combined mineable reserves of 5.7 billion tonnes.
Mulyono said the miner expected to produce 1.3 million tonnes of coal in 2010, increasing to 3 million tonnes in 2011.
He said the firm, which produces coal with a heating value of 3,500 kcal/kg as-received, has signed contracts to sell 250,000 tonnes of coal this year.
"We are selling 100,000 (tonnes) to an Indian utility and the remaining to local buyers. These are trial shipments," Mulyono said, adding it would start shipping by the end of October.
Source: Reuters
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Thursday, 15 October 09
SOUTH AFRICAN MINING COMPANY ACCEPTED $92 MILLION BID FOR COAL MINE STAKE IN SIYANDA COAL
Paguntaka reported that, Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million ...
Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic ...
Thursday, 15 October 09
AUSTRALIAN MINING COMPANIES REPORTED FINDING 1.5 BILLION COAL MINE DEPOSIT IN MOZAMBIQUE
Paguntaka reported that, Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the ...
Wednesday, 14 October 09
INDONESIA POWER FIRM SIGNS LOAN AGREEMENTS FOR OVER $1 BLN
Reuters reported that, Indonesia's state electricity firm PT Perusahaan Listrik Negara (PLN) has raised more than $1 billion from a group of banks ...
Wednesday, 14 October 09
LARSEN & TOUBRO MAY ENTER POWER GENERATION BUSINESS IN INDIA
Bloomberg reported that, Larsen & Toubro Ltd., India’s biggest engineering company, said it is considering entering the power generation b ...
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- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- MS Steel International - UAE
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Australian Coal Association
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Independent Power Producers Association of India
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