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Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT
Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a US$730 million additional coal mining contracting from PT Adimitra Baratama Nusantara from initial contract of US$200 million, according to Insider Stories.
Petrosea, in an official statement to Indonesia Stock Exchange, said the additional contract has been signed by Petrosea on August 25 2011, renewing the previous agreement signed on August 19 2009 and January 18 2011. Under the additional contract, Petrosea is obliged to produce 14 million tons coal and 126 million bcm at Sanga-Sanga, East Kalimantan.
Adimitra Nusantara has guaranteed at least 5-year contract to make Petrosea optimizes new heavy equipments, which is in line with higher production.
Petrosea is 99.39% controlled by Indika Energy, a company that is owned by two stellar businessmen Agus Lasmono Sudwikatmono and Wiwoho Basuki Tjokronegoro.
By end of June 2011, 86.29% of Petrosea consolidated revenue were contributed by coal mining or worth US$96.99 million, services of US$8.25 million, and engineering and construction of US$6.13 million.
Petrosea booked US$112.39 million revenue in the first half of this year, a 26.58% increase from US$88.79 million a year earlier. Adimitra Nusantara contributed US$28 million revenue to Petrosea.
Source: Insider Stories
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Wednesday, 14 September 11
GOVT SETS SEPTEMBER COAL REFERENCE PRICE AT $116.26 PER TON
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the September 2011 coal reference price at US$ 116.26 per ton slightly ...
Tuesday, 13 September 11
CAPITAL COSTS OF INDIAN COAL MINING PROJECT - AN ANALYST VIEW
By Mr Dipesh Dipu, Director - Consulting (Mining), Deloitte Touche Tohmatsu India Private Limited
The coal mining sector that has been opened par ...
Tuesday, 13 September 11
INDONESIAS COAL SECTOR EYES 2012 BOOM - JG
The Jakarta Globe, Indonesian English language News paper reported that, Coal production is set to surge next year as coal miners bolster their busi ...
Tuesday, 13 September 11
DRY BULK RALLY MAINTAINS MOMENTUM AT START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum at the start of the week, as the industry’s benchmark, the Baltic Dry Index (BDI) was up by 2.07% ...
Monday, 12 September 11
INDONESIAN GOVERNMENT HAS ALLOCATED MORE COAL FOR 2012
COALspot.com - Indonesian government has increased the domestic market obligation allocation to 82.07 million tons of coal for 2012, which is 4 perc ...
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- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Independent Power Producers Association of India
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
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