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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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Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
Thursday, 22 October 09
2ND UNITED INDONESIA CABINET UNVEILED
The Jakarta Post reported that, President Susilo Bambang Yudhoyono announced his second United Indonesia Cabinet on Wednesday night, comprising 34 m ...
Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks t ...
Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a c ...
Wednesday, 21 October 09
MINING REGULATION GENERATES CONFUSION IN INDONESIA
The Jakarta Globe reported that, Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the w ...
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- Kobexindo Tractors - Indoneisa
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- Economic Council, Georgia
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- Parliament of New Zealand
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
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- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
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- Maharashtra Electricity Regulatory Commission - India
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- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- PTC India Limited - India
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Videocon Industries ltd - India
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
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- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
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