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Thursday, 13 August 09
INDONESIA'S BERAU COAL SEES 2010 OUTPUT UP 16 PCT
Reuters reported that, Indonesia's fifth-largest coal miner, PT Berau Coal, expects 2010 production to be nearly 16 percent higher than this year, as new customers and new contracts help fuel growth, a top company official said on Thursday.
"Next year we may produce around 17 million tonnes," President Director Bob Kamandanu told reporters without elaborating. This figure would be about 16 percent higher than this year's production target of 14.7 million tonnes.
Kamandanu gave no details of production so far this year.
Unlisted Berau Coal, which has a 1,200 square km (460 sq mile) concession area in East Kalimantan province, produced 13.2 million tonnes of coal in 2008.
Kamandanu said several new customers were likely to emerge, particularly from India, where many new power plants are scheduled to start operating soon.
The firm has also secured spot contracts with two new Chinese buyers for a combined 700,000 tonnes to be shipped between July and March 2010.
"If it goes well, we will look to extend the contract next year," said Kamandanu.
Armadian Tritunggal -- an investment firm controlled by Indonesian businessman Rizal Risjad -- is selling its 51 percent controlling stake in Berau. Several Indonesian and foreign firms have expressed an interest in the stake.
Sources said Berau had generated strong interest as it is rare for controlling stakes in Indonesian energy firms to be put on the market.
Source: Reuters
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Thursday, 16 June 11
BOOSTING THE USE OF LOW CARBON ENERGY FOR A BETTER WORLD
Bali, Indonesia host of world renewable energy congress – Indonesia, international conference & exhibition on renewable energy and energy ...
Thursday, 16 June 11
FREIGHT MARKET FAILS TO RECOVER - DREWRY / HELLENIC SHIPPING
With demand failing to improve enough to contain the colossal increases in supply, the dry bulk freight market stayed near the dreadfully low levels ...
Thursday, 16 June 11
VALLAR CONTROLS 84.7 PERCENT STAKE IN BERAU COAL - INSIDER STORIES
Insider Stories reported that, London-based investment company Vallar Plc, via its subsidiary dubbed Vallar Investments UK Limited, today announced ...
Wednesday, 15 June 11
INDONESIA NEW COAL POLICY WORRIES INDIA POWER FIRMS - MYDIGITALFC
Tata Power, Adani group, Lanco Infratech and Reliance Power, among other Indian coal importers, are waiting to assess the impact of the Indonesian g ...
Wednesday, 15 June 11
BAYAN RESOURCES OWNS 56 PERCENT KANGAROO - INSIDER STORIES
Australia-listed coal miner Kangaroo Resources Limited (KRL) has obtained final approval from its shareholders to complete its US$277 million acquis ...
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- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
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