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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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Tuesday, 06 September 11
SEMEN GRESIK TO ACQUIRE COAL MINE FOR RP. 1 TRILLION
COALspot.com - PT Semen Gresik Tbk (SMGR) is planning to acquire a low calorific value coal concession (IUP). According to Semen Gresik, the coal mi ...
Tuesday, 06 September 11
DRY BULK MARKETS RALLY POWERS THROUGH TO NEW WEEK, BUT A CORRECTION COULD BE OVERDUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s freights rates kept leaping forwards during the beginning of the week, with the industry’s benchmark, the Baltic D ...
Monday, 05 September 11
TNPL POSTPONES BID OPENING UNTIL 12 SEPTEMBER 2011
COALspot.com - TNPL has postponed submission of the offer until 12 September 2011 on request from the supplier, an Indian trader said.
Due to Ram ...
Monday, 05 September 11
INDONESIAN COAL BENCHMARK PRICE - ANALYSIS
Analyst : Sunil K Kumbhat
COALspot.com - As a part of the Government’s efforts to stop transfer pricing abuses which have resulted in the los ...
Saturday, 03 September 11
FEW SHIPS REPORTED FIXED FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued the upward trend during last week with BDI up by about 13 pct closing at 1,740 points and cape index up ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Planning Commission, India
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Georgia Ports Authority, United States
- The University of Queensland
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
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