We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 23 August 12
EGCO GROUP EXPANDS TOWARDS INTEGRATED ENERGY BUSINESS WITH INVESTMENT IN INDONESIAS COAL MINE
 Electricity Generating Public Company Limited or EGCO Group, the Thailand’s first Independent Power Producer has continually invaded foreign markets with an aim to expand its business towards the integrated energy business. The company today announced the investment in a coal mine project through the acquisition of 40 percent ownership of interest in Manambang Muara Enim coal mine project (“MME”), worth $197 million.
Mr. Sahust Pratuknukul, President of EGCO Group stated that “On August 16, 2012, the company signed the Share Purchase Agreement to acquire 40% ownership of interest in the MME project, and will become partner of Indonesian company PT Alam Karya Nusantara. The total investment for this project is $197 million, which accounts for 5.98% of EGCO Group’s total assets.”
MME is open-pit coal mine located in Muara Enim Regency, South Sumatra in Republic of Indonesia with the concession license from the government of Republic of Indonesia for 28 years starting from March 2010 to March 2038. The operating area covers 1,587 hectares or 9,918 rais and 3 ngans. MME has been operated since March 2010.
“The investment is in line with EGCO Group's strategic plan to expand our business towards the integrated energy business to enhance the stability of fuel supply in the long run. Additionally, it will strengthen EGCO Group’s presence in Indonesia and we expect it should provide opportunities for growth in the future.” Mr. Sahust concluded.
About PT Alam Karya Nusantara:
PT Alam Karya Nusantara is Indonesian company that has established portfolio of coal mining concession in Indonesia. Starting 2010, it has been delivering coal to both domestic and export markets. Its South Sumatera coal concession is well positioned to serve growing coal markets such as China, India, Southeast Asia and other Asian countries.
Source: EGCO's website
About EGCO
The Electricity Generating Public Company Limited or EGCO is the first independent power producer in Thailand. EGCO was incorporated on May 12, 1992 by Electricity Generating Authority of Thailand (EGAT) which marked the commencement of the Thai government’s privatization initiatives to allow broader private sector investment in the power sector. EGCO was transformed into a public company on March 23, 1994 and was listed on the Stock Exchange of Thailand (SET) on January 16, 1995.
EGCO is a holding company with investment in power generation and supply as well as comprehensive energy services providing operation, maintenance, engineering and construction services to power plants and other industries in Thailand and overseas. Furthermore, the company also searches for other good opportunities for growth in the energy related to the core business.With the corporate philosophy to grow business over a long term, EGCO Group efficiently runs our electricity generating business while taking care of the environment and the society to maintain the balance between economics return and social and environment contribution which will lead to national sustainable development.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 01 June 12
ADARO BUYS MAJORITY STAKE IN AFFILIATED BHAKTI ENERGI - INSIDER STORIES
Insider Stories reported that, PT Adaro Energy Tbk entered into an option to provide a convertible loan of up to US$500 million for a period of 3 ye ...
Thursday, 31 May 12
DRY BULK MARKET UNABLE TO FIND NEW SUPPORT TO REACH HIGHER LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been unable to find new support and recover to higher levels during these past few days. As a result, the Baltic Dry Index ( ...
Wednesday, 30 May 12
ORPHEUS RAISES $2.24M TO ADVANCE INDONESIAN COAL PRODUCTION ASSETS
• $2.24 million raised from a placement to new and existing institutional and sophisticated investors from Australia and overseas
• Funds ...
Wednesday, 30 May 12
ARPENI SECURES TRANSSHIPMENT CONTRACT FROM BARUNA DIRGA
Insider Stories reported that, shipping operator PT Arpeni Pratama Ocean Line Tbk (APOL) has secured a 1-year coal transhipment contract of 4 millio ...
Monday, 28 May 12
COAL EXPORTS ARE JUMPING HIGHER, BUT PRICES ARE FALLING LOWER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31.86* million tons of coal in April 2012, compared to 30.64* million tons i ...
|
|
|
Showing 4711 to 4715 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- White Energy Company Limited
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Australian Coal Association
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
|
| |
| |
|
