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Sunday, 01 November 09
PT INDIKA MAY BUY STAKES IN BHPB INDONESIA OPERATIONS
Dow Jones reported that Indonesian coal producer PT Indika Energy may buy stakes in BHP Billiton Limited's Indonesian coal operations and in local coal company PT Berau Coal and has interest in several other potential acquisitions in the coal sector.
Mr Wisnu Wardhana vice president director of Indika said that that the company has submitted an expression of interest in BHP Billiton's Maruwai metallurgical coal project and aims to submit a bid for a stake. BHP Billiton plans to sell a 25% stake in Maruwai, which consists of seven coal mine sites in Central and East Kalimantan provinces, as early as the first quarter of next year.
He said that Indika is still in the running to buy a stake in Berau Coal and aims to buy as much as 100% of the company. People with knowledge of the matter have previously said that financial services company PT Recapital Advisors has been selected as the preferred bidder for Berau Coal ahead of Indika and other bidders. A decision on the sale is expected this week.
It may be noted that Indonesian holding company PT Armadian Tritunggal and Netherlands based firm Rognar Holding BV plan to sell part of all of their stakes in Berau Coal. The two hold a combined 90% of the company and Japan's Sojitz Holding Corporation holds the remaining 10%. If possible, Indika aims to buy the entire company including the stake held by Sojitz.
Source: Steel Guru
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Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
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 ...
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- New Zealand Coal & Carbon
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- Bukit Makmur.PT - Indonesia
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- Petron Corporation, Philippines
- Minerals Council of Australia
- Attock Cement Pakistan Limited
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- Independent Power Producers Association of India
- Economic Council, Georgia
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- Renaissance Capital - South Africa
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- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
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- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
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- San Jose City I Power Corp, Philippines
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- Sindya Power Generating Company Private Ltd
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- Edison Trading Spa - Italy
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- Romanian Commodities Exchange
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- Malabar Cements Ltd - India
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- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
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- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
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- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
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- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
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- Medco Energi Mining Internasional
- Semirara Mining and Power Corporation, Philippines
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- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
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- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
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- Madhucon Powers Ltd - India
- White Energy Company Limited
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
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- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- The University of Queensland
- Larsen & Toubro Limited - India
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- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
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- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- IHS Mccloskey Coal Group - USA
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- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
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- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
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- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
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- Aditya Birla Group - India
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Wilmar Investment Holdings
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- Power Finance Corporation Ltd., India
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