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Wednesday, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to start development on a new rail line in South Sumatra that would boost coal output.
The transport ministry had approved in principle a 307 km (191 miles) rail line connecting its coal mine in Central Bangko in South Sumatra province to the port of Lampung, on the southern tip of Sumatra island, Bukit Asam said in a statement.
"The approval gives certainty to start the rail project," the firm said, adding the new railway would have the capacity to transport 20 million tonnes of coal a year.
Bukit Asam, Indonesia's third-largest coal miner by market value, expects to start operations of the new railway in 2013.
The rail project will be carried out by a joint-venture company between Bukit Asam, PT Transpacific Railway Infrastructure and China Railway Engineering Corporation.
Bukit Asam and China Railway Engineering Corporation each hold a 10 percent stake in the joint venture, while PT Transpacific Railway Infrastructure has an 80 percent stake.
China Railway will be appointed engineering, procurement and construction (EPC) contractor and operator of the project.
Based on a 2007 feasibility study, the project would cost $1.06 billion, of which about 30 percent will be financed using internal cash and 70 percent from loans.
Bukit Asam, which has market value of $3.58 billion, has said it plans to increase its coal production to 50 million tonnes a year within five to six years by buying new mines and developing the new railway project.
The firm has signed a 20-year contract with state train operator PT Kereta Api to transport coal from its mine in South Sumatra to the port. [ID:nJAK519103]
Bukit Asam expected its coal output to be 12 million tonnes this year, up from 11 million tonnes in 2008, helped by the increased use of trains to transport coal.
Source: Reuters
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Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
Wednesday, 28 October 09
INVESTMENT IN MINING SECTOR HAMPERED BY LATE REGULATIONS
The Jakarta Post reported that, Indonesia may have to wait for a potential massive inflow of new investment into the mining sector due to delays in ...
Tuesday, 27 October 09
CHINA'S SEPT. COAL IMPORTS RISE AS ECONOMY RECOVERS
Bloomberg reported that, China, the world’s largest coal user and producer, increased imports of the fuel in September to meet rising domest ...
Monday, 26 October 09
DARWIN EYES PRIVATE INVESTMENT
The Jakarta Post reported that, the new energy and ministerial resources minister, Darwin Zahedy Saleh, has set his sights on accelerating the reali ...
Sunday, 25 October 09
THE FUTURE FREIGHT MARKET IS EXPECTED TO HAVE POSITIVE DIRECTION - VISTAAR
COALspot.com (Singapore): According to Vistaar Shipping an experienced ship operator in Singapore, the BDI shot up this week (19-24 October) by abou ...
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- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- The University of Queensland
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Australian Coal Association
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Economic Council, Georgia
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
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