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Sunday, 10 July 11
PTBA INCREASES SHARES IN COAL TRAIN PROJECT - TEMPO INTERACTIVE
TEMPO Interactive reported that, PT Tambang Batubara Bukit Asam (PTBA) is still studying the plan to buy 20 percent of shares in the PT Bukit Asam Transpacific Railway (BATR). "We have appointed PricewaterhouseCoopers as the consultant. We are now calculating the possibilities,” said Sukrisno, from the State-owned Enterprises Ministry.
BATR is a coal train construction project in Tanjung Enim, South Sumatra which will connect to a new port in Lampung. The transportation capacity is estimated to be 25 million tons per year with a railway stretching for 307 km. The construction design contract of the project, worth US$1.3 billion, was signed in March 2010, as quoted by TEMPO Interactive.
PTBA currently holds 10 percent of shares in the project. The other shareholders are China Railway Group (10 percent) and Rajawali Group through PT Transpacific Railway Infrastructure (80 percent).
The share increase will be done by transferring the shares owned by Rajawali in BATR, which will allow PTBA to own 30 percent of shares.
China Railway Group’s shares will remain 10 percent and Rajawali’s 60 percent. “If I’m not mistaken, the ground breaking will be this November. We expect the result can be achieved before that," Sukrisno said.
PTBA has prepared US$320 million to buy the additional shares, 30 percent of which is taken from internal funding and 70 percent from bank loans.
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Tuesday, 30 August 11
FAUJI CEMENT CONSUMED MORE THAN 1 MILLION TONS OF LOCAL COAL
Cooper Minerals Inc.based in Vancouver, BC, Canada, is a junior exploration company engaged in the acquisition, exploration and development of miner ...
Sunday, 28 August 11
FREIGHT MARKET COULD BE FIRM NEXT MONTH - VISTAAR
COALspot.com - The freight market continued the upward trend first half of the week . However, towards the end of the week lost momentum and the BDI ...
Saturday, 27 August 11
JAPANESE BULK CARRIER SETS RECORD ON NORTHERN SEA ROUTE - BARENTS OBSERVER
The Northern Sea Route will see its third record in less than a month when the largest ever bulk carrier to take the route leaves Murmansk next week ...
Saturday, 27 August 11
RBCT-INDIA ROUNDS FIXED AT AROUND US$ 12K - FEARNBULK
Handy
Stable but very positional markets across all segments in the Atlantic: the gap between owners and charterers rate ideas is building up as o ...
Friday, 26 August 11
TUAH TURANGGA AGUNG ACQUIRES AN ADDITIONAL 40% SHARES IN BARA PRIMA AGUNG
COALspot.com - PT Tuah Turangga Agung, a subsidiary of PT United Tractors Tbk, has signed an acquisition agreement to acquire 40% of PT Bara Prima A ...
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- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Australian Coal Association
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- GMR Energy Limited - India
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- PTC India Limited - India
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
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