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Tuesday, 13 October 09
INDONESIA'S BAYAN SEES 2010 COAL OUTPUT UP 42 PCT
Reuters reported that, Indonesian coal miner PT Bayan Resources Tbk (BYAN.JK) said on Tuesday it expects its coal output to increase by 42 percent in 2010 through the expansion of existing mines.
Bayan, Indonesia's eighth-largest coal producer by volume, plans to produce 13.5 million tonnes of coal next year, up from a target of 9.5 million tonnes of coal this year, Alastair Mcleod, Bayan's chief financial officer, said.
"We started two new mines last year and two mines this year. All of those mines continue to expand," Mcleod told reporters on the sidelines of Coaltrans 3rd Coal Mining Operations & Economics in Jakarta.
The firm has eight mining companies with a total concession area of 81,265 hectares (200,800 acres).
Bayan produced 5.5 million tonnes of coal in the first half of this year, Mcleod said, and production for this year could top its target of 9.5 million tonnes.
The firm plans to boost its coal output to 20 million tonnes within the next five years, Mcleod said.
Bayan is also actively seeking buyers for its updgraded clean coal briquettes from its new plant.
"Our marketing strategy is to sell small lots to a wide variety of customers. We are looking at 20-25 customers. So when we expand to 5 million tonnes, we already have (a) customer base," he said.
Bayan has established a joint venture firm -- PT Kaltim Supacoal -- with a unit of Australia's White Energy Ltd to turn high moisture coal produced at Bayan's Tabang mine in East Kalimantan into a higher energy clean burning products using White Energy's technology for use in coal-fired power plants.
It has completed construction of its first coal upgrading plant and produced its first batch of upgraded clean coal briquettes in August at the plant, which has a capacity of 1 million tonnes per annum.
The firm plans to build another four plants between the first half of 2010 and the first half of 2012, which will boost the capacity to 5 million tonnes, Mcleod said.
In September, Bayan said it had appointed Standard Chartered Bank as a financial adviser for raising at least $150 million for the briquetted coal project.
Source: Reuters
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Saturday, 14 November 09
ASIA'S POWER SECTOR IS INVESTING IN COALMINES TO SECURE SUPPLIES
COALspot.com (Press Release): Asia Coal Power conference in Jakarta pinpoints growing power demand in Asia & Power sector investments in Indones ...
Friday, 13 November 09
API4 IGNORES LOW COAL TRADES - SWISS SINGAPORE
* Jan, Feb S.Africa coal prices hit 12-month highs
* Indian trader says deals done dollars below index
Reuters reported that, the physical coal ...
Thursday, 12 November 09
INDONESIA'S BUMI COAL PRODUCTION TO INCREASE
The sale is predicted to jump 14 percent to 58 million tons.
Viva News reported that, PT Bumi Resources Tbk. (BUMI) projected that the company's ...
Thursday, 12 November 09
INDIA'S BHEL IS IN INDONESIA NOW WITH THE COST EFFECTIVE CFBC BASED BOILER TURBINE PACKAGES
COALspot.com(Indonesia): BHEL, the largest engineering and manufacturing enterprise in India in the energy-related / infrastructure sector, is now f ...
Thursday, 12 November 09
NTPC FARAKKA AND KAHALGAON UNITS SHUT DOWN ON COAL SHORTAGE
Operations at two units each of power major NTPC Ltd’s 1600 MW Farakka and the 2340 MW Kahalgaon stations have ground to a halt due to an acut ...
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- Uttam Galva Steels Limited - India
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- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
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- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
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- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
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- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
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- Directorate Of Revenue Intelligence - India
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- MS Steel International - UAE
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- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
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- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
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- Heidelberg Cement - Germany
- PTC India Limited - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
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- Thiess Contractors Indonesia
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- Directorate General of MIneral and Coal - Indonesia
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- Samtan Co., Ltd - South Korea
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- Gujarat Sidhee Cement - India
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- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Aditya Birla Group - India
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Posco Energy - South Korea
- Minerals Council of Australia
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Economic Council, Georgia
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
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- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- The University of Queensland
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Australian Coal Association
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- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
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