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Wednesday, 18 November 09
THAI PTT PLANS COAL MINE INVESTMENT IN INDONESIA
* To conclude Indonesian coal mine buy in 6 months
* Sees coal output jumping to 20 mln tonnes in five years
Reuters reported that, PTT , Thailand's biggest energy firm, said on Wednesday it would conclude a plan to invest in coal mines in Indonesia over the next six months.
"We are in talks on the coal mine investment. It will be a joint investment to help our expansion," Chitrapongse Kwangsukstith, chairman of PTT International, told reporters.
PTT International, PTT's wholly owned overseas investment arm, would invest with partners in a mine in Kalimantan, he said.
PTT has said it was looking to buy more coal assets in Indonesia and Australia.
The latest deal was in April when PTT spent $335 million to buy part of Australian miner Straits Resources' coal and salt assets. The deal marked PTT group's first foray into the coal business and its second investment in Australia.
Chitrapongse said he expected PTT to raise its coal output to 9 million tonnes this year from 7-8 million tonnes last year, then to 11-12 million tonnes in 2010 and at least 20 million tonnes in five years.
Under a five-year plan, PTT wanted to increase overseas revenue to 20 percent of group revenue from around 10 percent now, PTT finance executive Tevin Vongvanick said.
PTT, Thailand's biggest listed company with a market value of $20 billion, runs Thailand's gas pipeline monopoly and controls more than 30 petroleum, gas exploration, petrochemical and refinery businesses.
At the midday break, PTT shares were up 0.4 percent at 240 baht while the main Thai stock index was down 0.4 percent.
Source: Reuters
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Thursday, 08 October 09
MINING TO ATTRACT $6B: BKPM
The Jakarta Post reported that, Indonesia’s mining sector could expect investment of up to US$6 billion in the 2010-2012 period, in part becau ...
Thursday, 08 October 09
INDIA DEMAND TO HELP DIRE COAL OUTLOOK - MACQUARIE
Reuters reported that, Macquarie Securities said on Wednesday its bearish short-term outlook on thermal coal may begin improving in a year's time o ...
Thursday, 08 October 09
ESSAR UNIT WINS INR 479 CR (US$ 103,272,401) ORISSA PROJECT
The firm will develop and operate the terminal at Paradip port; the contract will stretch up to 30 years
Live Mint reported that, Essar Shipping ...
Wednesday, 07 October 09
ESSAR, JINDAL IN TAKEOVER TUSSLE FOR AUSTRALIAN COAL MINER
Reuters reported that, Privately owned Essar Group has launched a surprise A$144.2 million ($128.1 million) bid for Australian coal minnow Rocklands ...
Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...
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- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Planning Commission, India
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- The University of Queensland
- Central Electricity Authority - India
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
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