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Monday, 19 September 11
INDOMOBIL ENTERING INTO COAL MINING BUSINESS
COALspot.Com- PT Indomobil Sukses Internasional Tbk, part of, one of Indonesia's largest conglomerates, to enter into mining industry acting as the coal mining contractor this year via its subsidiary, PT Prima Sarana Gemilang (PSG).
PSG, heavy equipment and mining division of Indomobil has bags mining contracts from PT Nusantara Berau Coal, to remove overburden and coal. PT Nusantara Berau Coal is part of Salim group and located in East Kalimantan, Indonesia.
Director of Indomobil Bambang Subijanto explained that Indomobil’s expansion to coal business aim to build synergies and creating value added for the company. This step is parallel with Indomobil’s subsidiary company, PT Indotruck Utama, which has been appointed as the second distributor for Volvo Construction Equipment in Indonesia.
The first distributor of Volvo is PT Intraco Penta Tbk.
Indotruck will handle marketing and sales of Volvo for Sumatera, Java, Nusa Tenggara, and Papua regions. Meanwhile, Intraco is active in Kalimantan, Sulawesi, and Maluku. “Our experience is in heavy equipment equipments and maintenance activities, we decided to enter into coal contracting industry,” Bambang said to the press.
Furthermore, Bambang explained that Indomobil has got a strategic investor to form PSG. Indomobil is holding 60% in PSG, but Bambang refused to identify Indomobil’s partner who is holding remaining shares in PSG.
According to Bambang, PSG has commenced its production in NBC mine since March 2011.
He is expected the production of coal will reach 1.7 million ton by end of this year, and this target can be achieved.
The duration contract from NCB to PSG is for a three-year period.
"For next year, PSG is targeting to produce 3 million tons of coal and we optimistic this target also can be achieved,” said Bambang.
To contact the freelance reporter responsible on this story: Efendi at efendi@coalspot.com
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Tuesday, 23 August 11
PENRHYN COAL USING EVERGREEN ENERGYS COAL UPGRADING PROCESS
Evergreen Energy Inc has announced the successful testing results of the initial batches of Penrhyn coal using Evergreen Energy’s coal upgradi ...
Tuesday, 23 August 11
A SHARP INCREASE IN THE BDI - BRS
A sharp increase in the BDI this week, driven by the rise in Capesize rates. Overall the BDI was up 13.5% to 1,462 points on the back of a 20% surge ...
Monday, 22 August 11
INDONESIA TO BAN BELOW 5700 KCAL/KG COAL FOR EXPORT
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia is in the process of drafting a regulation which is requiring mine owners ...
Monday, 22 August 11
JATENERGY AGREED TO FORM JV WITH AN INDONESIAN COAL MINING COMPANY
COALspot.com - Australian’s listed company, Jatenergy Limited has entered conditional agreement to form joint venture with Indonesia’s c ...
Monday, 22 August 11
NTPC TO IMPORT 16 MILLION TON OF COAL TO BRIDGE THE GAP
COALspot.com - NTPC to import 16 million tons of imported coal, which is equivalent to 23-24 million tons of Indian coal to bridge the gap.
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- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Bhatia International Limited - India
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
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