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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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Friday, 26 August 11
INTRACO EYES US$200 MIO COAL TAKEOVER - INSIDER STORIES
Heavy equipment distributor PT Intraco Penta Tbk, that was founded by Halex Halim, is scouting a coal acquisition with the valuation above US$200 mi ...
Thursday, 25 August 11
OPG EXPECTS COAL PRICES TO REMAIN FIRM IN THE SHORT TERM
COALspot.com - Revenue of OPG, the developer and operator of Group Captive power plants in India up 188% to £33.15m and Income from continuing ...
Thursday, 25 August 11
PAITON POWER LOOKING FOR 3.96 MILLION TONS OF COAL
COALspot.com - PT Pembangkit Jawa Bali (PJB) is looking for 3.96 million tons coal with calorific value 4,800 kcal/kg on as received basis. Accordin ...
Tuesday, 23 August 11
ICMA CALLS GOVERNMENT TO REVIEW EXPORT BAN REGULATION
COALspot.com - Chairman of the Indonesian Coal Mining Association (ICMA) Bob Kamandanu asks the government to review the regulation that being draft ...
Tuesday, 23 August 11
ADARO ENERGY ACQUIRES 75% STAKE OF PT MUSTIKA INDAH PERMAI FOR US$ 222.5 MILLION
COALspot.com - PT Alam Tri Abadi, a wholly owned subsidiary of PT Adaro Energy Tbk, signed a share purchase agreement to acquire a 75% stake of PT M ...
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- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- London Commodity Brokers - England
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- White Energy Company Limited
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- The University of Queensland
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
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