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Wednesday, 25 August 10
INDIAS ADANI GROUP TO BUILD COAL RAILWAY IN INDONESIA
 COALspot.com: India’s Adani Group, Indonesia’s state coal producer PT Tambang Batubara Bukit Asam (PTBA), and the South Sumatra provincial government agreed to build a coal railway in the province, the Indonesian Investment Coordinating Board said, media report says.
The construction of railway is planning to transport PTBA’s coal to Tanjung Api-Api barge loading port. Bukit Asam is planning to open an new coal mine and the coal frorm that mine will be transported by the railway to be constructed by Adani, sources said. The railway line will cover around 270-kilometer that will link PTBA's new mine in South Sumatra, to Tanjung Api- Api port. Currently, the Tanjung Api-Api port is a barge loading port,
As quoted by Bloomberg, the Indonesian Investment Coordinating Board said that, Adani, through its local unit PT Adani Global, may invest $1.6 billion in the project, which includes building a coal terminal with an annual capacity of 50 million tons. The construction of the 270-kilometer railway is expected to start next year with completion by 2013. However, the information about start date of construction of Bukit Asam’s new mine is not available.
Bukit Asam has no share in Railway project. The Bukit Asam will pay freight to Adani as railway operator to transport the coal that produced in its mine. Adani will also have priority to buy part of cargo that, to be transported by railway to Tanjung Api Api port.
In addition to this new developments, Bukit Asam already joint ventured with Chinese company to upgrade its existing railway to increase the volume and build a new coal terminal to accommodate bigger vessels.
India’s Lanco has partnered with Indonesian coal mining company Bukit Asam, and PAMA, a leading coal mining contractor in Indonesia to bid 2X300 megawatt power project. PT PLN has sought bids to develop the coal-based power project in Riau, southern Sumatra on a build-own-and-operate model. The coal for power plant will be supplied by PTBA’s sole owned coal mine in Riau, sources said.
India’s Reliance Power (RPower), is looking to invest about $5 billion for developing coal mines in Indonesia “The company plans to build a 230 km long railway that will link its coal production base in Batang Hari to a port, which it will also build,” was quoted by Bloomberg in a report on Tuesday.
MEC is to build a 130-kilometre-long railway in East Kalimantan and Itochu Corp of Japan will invest about $2 billion to build a railway to transport coal in Indonesia's Central Kalimantan. MEC, has a coal mine project in East Kalimantan and is investing $5.2 billion in infrastructure including a smelter, railway and power plant. If all the railway and port projects materialized, then Indonesian will receive more than US$ 12 billion investment within two years.
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Friday, 02 July 10
MINERALS RESOURCE TAXATION IN AUSTRALIA - PRESS RELEASE
Press Release : Rio Tinto acknowledges the Australian Government’s announcement that the Resource Super Profits Tax (RSPT) proposal will be re ...
Thursday, 01 July 10
TATA POWER TO RAISE US$300 MILLION THROUGH ITS COAL SPVS TO FUND ADDITIONAL ACQUISITIONS AND / OR REDUCE OUTSTANDING DEBT
Stock Markets Review reported that, Tata Power, India’s largest private power player has signed an agreement to raise US$300 million in Bhira ...
Thursday, 01 July 10
HELLENIC SHIPPING NEWS POLL: THE BDI WILL STAY ABOVE 3,000 POINTS IN THE SECOND HALF OF 2010
When Hellenic Shipping News Worldwide prepared June’s poll asking readers about where do they think that the Baltic Dry Index (BDI) will range ...
Thursday, 01 July 10
PANAMAX MARKETS CONTINUE TO DROP IN ALL BASINS - FEARNLEYS
Handy
Atlantic rates continue to slide with little activity. Supras open in USG get low 30´s to Med and mid 40´s to FEast. Hmax/Supra ...
Wednesday, 30 June 10
PTBA TO SUPPLY ADDITIONAL 180 MLN TONS OF COAL TO PLN FOR 20 YEARS
COALspot.com: Indonesia's state-owned coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) has entered into a new contract with state owne ...
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- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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