We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 04 July 14
PARAM MITRA COAL RESOURCES SECURES US$ 7.5M INVESTMENT FROM TEMBUSU PARTNERS
 Param Mitra Coal Resources Pte Ltd (“PMCR”), which owns two operating coal mines in Indonesia, has secured from Singapore private equity investor, Tembusu Partners Pte Ltd (“Tembusu”), an investment of US$ 7.5 million out of the US$ 20 million investment underwritten in January 2014 by The Islamic Bank of Asia (“IB Asia”).
With a proven track record of investing in growth companies across Asia, Tembusu seeks to complement IB Asia to extend its expertise and network to accelerate PMCR’s business growth. PMCR is the eighth investment made under Tembusu’s Growth Fund II.
PMCR’s Kalimantan mines have a resource base of approximately 500 million metric tonnes (“MT”) (JORC-certified) and plans to ramp up production to approximately 5 million MT per year within the next three years in preparation for an eventual IPO.
Singapore-registered PMCR, backed and managed by the Sindhu family – which owns leading India-based coal, logistics and power player Sainik-Aryan Group – has invested over US$ 50 million to date to develop the Indonesian coal assets and infrastructure and expand production.
Leveraging on the fast-growing energy requirements across Asia and the management’s rich experience in the coal mining, logistics and power generation business, PMRC has secured offtake arrangements with Indonesian and Indian clients.
Mr. Dev Sindhu, Chief Executive Officer of PMCR, said, “The backing of IB Asia and Tembusu – two reputable Singapore institutions – validates PMCR’s business strategy amidst rising interest in the Indonesian coal sector. We endeavour to develop PMCR as an integrated player in the coal mining sector, focusing on developing a complete solution for all services, from pit to port, under one umbrella. Our integrated service model and direct linkages with end-users ensure the viability and sustainability of its business which will in turn create and enhance value for all stakeholders.”
Mr. Harish Parameswar, Managing Director of IB Asia, said, “As a merchant bank focused on private equity and investment banking, IB Asia is working with key business partners to bridge opportunities in the India-Singapore-Indonesia growth triangle.”
Mr. Andy Lim, Founder and Chairman of Tembusu, said, “As a pan-Asian fund backing fast growing entrepreneurial companies, Tembusu looks forward to partnering IB Asia and the management team in building PMCR as a leading integrated platform connecting Indonesia’s vast coal resource base and India’s fast growing energy needs, with a view to IPO in an attractive Asian listing location such as Singapore.”
Source: Tembusu Partners Pte Ltd
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Sunday, 20 July 14
THE FREIGHT MARKET CONTINUED ITS DOWNWARD TREND
COALspot.com: The market continued its downward trend this week as all segments were down compared to last week. The Cape and Panamax indices being ...
Friday, 18 July 14
3RD CHINA INTERNATIONAL SHALE GAS SUMMIT
Building on the massive success of the past 2 shale gas programs that has generated huge success by attracting 500+ industry players, and intrig ...
Friday, 18 July 14
US WEEKLY COAL PRODUCTION UP BY 1.4% TO 18.3 MMST
COALspot.com – United States the world's second largest coal producer, produced approximately 18.3 million short tons (mmst) of coal in a ...
Thursday, 17 July 14
PANAMAX : MARKET HAS COOLED DOWN AGAIN TO LOW AND DEPRESSED LEVELS
Handy
The supra market remains pretty flat in the Atlantic while for the smaller sizes there has been little reported with ships chasing business ...
Thursday, 17 July 14
INDIAN GOVERNMENT WISE TO TAKE ADVANTAGE OF CURRENTLY LOW THERMAL COAL PRICES AND SHIPPING RATES - JEFFREY LANDSBERG
With thermal coal import prices (and also shipping rates) very low at present, India's government would be very wise to take advantage of curre ...
|
|
|
Showing 3596 to 3600 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Minerals Council of Australia
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
|
| |
| |
|
