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Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
 The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the lucrative contract mining business next year, after signing an agreement with Australian contractor Macmahon Mining in August.
“The move is meant to enable the company to secure longer-term contracts,” Dudung Purwadi, Duta Graha’s president director, said on Tuesday during a media briefing.
On average, civil engineering contracts last between one and two years, while mining contracts can run for up to five years.
Duta Graha plans to use Macmahon’s expertise in contract mining to secure gold and coal extraction contracts in Indonesia.
“We think the coal and gold markets in Indonesia will continue to grow in the future,” said Djohan Halim, the firm’s corporate secretary. “We intend to secure some of the new coal contracts on offer as miners expand their production.”
He said the company expected to start mining work next year, and was eyeing a number of coal projects in Sumatra and Kalimantan.
“We aim to have at least one project with an annual production of one million tons,” he said.
The leader of the contract mining market at 42 percent is PT Pamapersada Nusantara, a unit of PT Astra International. Other major players include PT Darma Henwa, PT Bukit Makmur Mandiri Utama (Buma), and PT Thiess Contractors Indonesia.
Duta Graha hopes contract mining will contribute about Rp 1 trillion ($106 million) in revenue per year within five years.
The company’s shares closed up Rp 6, or 6.1 percent, to Rp 105 on Tuesday.
Source: The Jakarta Globe
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Thursday, 26 November 09
CIL EYES OVERSEAS ACQUISITIONS TO BRIDGE SUPPLY GAP
Coal Minister Sriprakash Jaiswal on Wednesday said that state-run coal major Coal India is looking to acquire coal blocks in the US and
othe ...
Wednesday, 25 November 09
NAPOCOR SCRAPS AWARD OF 715,000 TONS COAL
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it had cancelled plans to award 715,000 tons in coal supply con ...
Wednesday, 25 November 09
RISING FREIGHT RATES HIT COAL IMPORTERS
While state-owned NTPC’s 12.5 million tonne coal import order may have been aimed at plugging the shortage of coal at its thermal power plants ...
Wednesday, 25 November 09
CSN TO BUY RIVERSDALE STAKE TO BOOST COAL SUPPLIES
Cia. Siderurgica Nacional SA plans to buy 16.3 percent of Australian coal-exploration company Riversdale Mining Ltd. for about A$190.5 million ($175 ...
Tuesday, 24 November 09
ICRA DOWNGRADES TNPL`S RATING TO LAA
Credit rating agency, ICRA has revised the long term rating for the Rs 11.25 billion long-term fund-based bank facilities and Rs 1.5 billion non-con ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- White Energy Company Limited
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
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