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Friday, 23 December 11
LANCO JOINS HANDS WITH BUKIT ASAM FOR INDONESIAN POWER PROJECT


COALspot.com - PT Tambang Batubara Bukit Asam, Indonesia's state owned coal miner and Indian based Lanco Infratech Ltd plans to build steam power plant (PLTU) in Pranap, Riau with capacity of 2x300 megawatts (MW), according to Investor Daily.

Milawarman, PTBA's newly appointed president director, according to Investor daily, said Bukit Asam will holds 51% interest in the project while the rest is held by Lanco.

Lanco which also bought Australia’s Griffin Mining Co. earlier this year and also looking for coal mines in Indonesia to secure fuel for its thermal power plants in India. LANCO is a privileged member of the World Economic Forum and has been acknowledged as an elite member of the top 200 "Global Growth Companies", acording to company's website

PTBA also interested to  partnered with Lanco, to participate tender of Muara Enim PLTU, South Sumatera with capacity of 600 MW. 



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Thursday, 08 December 11
HAREDA KRIDA GETS CONTRACT FROM BAYAN - INSIDER STORIES
Insider Stories reported that, coal miner PT Bayan Resources Tbk (BYAN), through its subsidiary dubbed PT Gunungbayan Pratamacoal (GPB), has signed ...


Thursday, 08 December 11
CAPESIZES LIFT DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize vessels yesterday helped lift the dry bulk market which had been falling since the start of the week on lower cargo demand. As a result the ...


Wednesday, 07 December 11
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Insider Stories reported that, an energy integrated company PT ABM Investama Tbk is eyeing  a 1.5 folds increase in revenue this year from Rp4. ...


Tuesday, 06 December 11
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After a series of increases which saw the dry bulk market’s benchmark, the Baltic Dry Index (BDI) increasing close to 1,900 points and rates o ...


Monday, 05 December 11
THE DECEMBER HBA FELL 11% FROM ITS PEAK AT US$127.05 PER TON IN FEBRUARY 2011
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the December 2011 coal reference price at US$ 112.67 per ton US$ 3.98 ...


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