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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$320 million to buy the additional shares, 30 percent of which is taken from internal funding and 70 percent from bank loans.
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Friday, 15 July 11
BUKIT ASAM 1H COAL SALES UP 44 PERCENT
The state-controlled PT Tambang Batubara Bukit Asam Tbk (PTBA) is estimated to post 6.5 million tons of coal sales in the first half of this year, a ...
Thursday, 14 July 11
INDO GOVT. SETS JULY COAL REFERENCE PRICE AT US$ 118.24 PER TON
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia sets coal spot price benchmark for July 2011 at US$ 118.24 per ton, US$ 0 ...
Thursday, 14 July 11
DRY BULK MARKET KEEPS FALLING ON WEAK CAPESIZE SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on retreating on Wednesday, with the Baltic Dry Index (BDI) falling to 1,383 points, from 1,411 of the previous day. Capesi ...
Thursday, 14 July 11
UNITED TRACTORS BUYS DUTA SEJAHTERA - INSIDER STORIES
Insider Stories reported that, PT United Tractors Tbk (UNTR), via a wholly-owned subsidiary PT Tuah Turangga Agung, will acquire PT Duta Sejahtera a ...
Wednesday, 13 July 11
ANOTHER FIRMER WEEK FOR THE CAPES - BRS
Barry Rogliano Salles reported that, there were mixed results for the dry bulk market this week: the Capesize and Panamax markets performed well gai ...
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- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Australian Coal Association
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
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