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Wednesday, 19 October 11
ADARO ACQUIRES BUKIT ENIM ENERGI - INSIDER STORIES
Insider Stories reported that, Coal miner PT Adaro Energy Tbk, via its subsidiary dubbed PT Alam Tri Abadi, today revealed a 46% stake takeover of a green field coal mining company PT Bukit Enim Energi for consideration price of US$46 million.
In a press statement filed to Indonesia Stock Exchange today, Alam Tri has acquired Bukit Enim from Lucky Star Corporation, Oriental Holdings Ltd, and BrightPath Corporation.
Following takeover, Adaro Energy owns 61.04% stake in Bukit Enim, PT Pamapersada Nusantara owns 20%, PT Triputra Utama Selaras owns 13.92%, and PT Bumi Alam Sejahtera owns the remaining. Pamapersada is Indonesia's largest coal mining contractor and also subsidiary of PT United Tractors Tbk. Pama also is one of Adaro's most important and long standing contractor.
Bukit Enim is a coal mining company developing a greenfield coal project in Muara Enim, South Sumatra. Bukit Enim holds a mining permit granted in March 2001 for a period of 20 years covering an area of 11,130 hectares.
Source: Insider Stories
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Sunday, 09 October 11
FREIGHT MARKET ENDED WITH A POSITIVE DIRECTION - VISTAAR
COALspot.com - The market ended with a positive note with all the segments up except for handy size. The biggest gainer was Panamax index up by 11 p ...
Saturday, 08 October 11
INDONESIAN MINER PLANS $167M IPO TO FUEL SUMATRA COAL BOOM - JG
The Jakarta Globe reported that, coal miner Atlas Resources aims to raise as much as Rp 1.5 trillion ($167 million) in an initial public offering to ...
Friday, 07 October 11
MINING REGULATIONS , OBSTACLES AND GROWTH : INDIA VS INDONESIA - SUNIL K KUMBHAT
COALspot.com - The Govt of India has passed long pending Mines & Minerals (Regulation and Development) Bill, 2011, which seeks to replace ...
Friday, 07 October 11
$100M FOR EXPANSION INTO KALIMANTAN MINING: AKR
The Jakarta Globe, one of the leading English news paper in Indonesia reported that, AKR Corporindo, a fuel and chemical distributor, has set aside ...
Thursday, 06 October 11
REALM SECURES 51% OF KATINGAN RIA COAL PROJECT IN CENTRAL KALIMANTAN
•Realm secures 51% of PT Katingan Ria Thermal Coal Project in Central Kalimantan
•Realm takes ownership of Kalres Limited
•Acquisit ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- The University of Queensland
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
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