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Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
 The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bharat Earth Movers, which has set up an operation in Balikpapan, East Kalimantan.
Bharat’s total investment, including a basic assembly plant and after-sales service network, is expected to reach an estimated $44 million.
“Based on our study, Indonesia presents big opportunities for heavy equipment,” Bharat’s chairman and managing director, V RS Natarajan, said at a launch ceremony in Jakarta on Monday. “We believe that the total market is worth between $500 and $600 million.”
Until Bharat’s arrival, there had only been two heavy equipment suppliers in Indonesia — US-based Caterpillar and Japan-based Komatsu.
Natarajan said that Bharat would be seeking a 10 percent market share worth an estimated $50 million in its first year of operations.
“Currently, we have contracts with two Indonesian companies — Bumi Resources and another Bakrie group company,” he said. “The contracts are worth $44 million and cover three products: hydraulic excavators, bulldozers and wheel dozers.”
Over the next two years, Bharat is targeting $300 million in heavy equipment sales. “And if we achieve that target, we will open a full assembly plant in Indonesia,” Natarajan said.
Bharat is an Indian state-owned company run by that country’s Ministry of Defense.
It produces 35 types of heavy equipment for the mining and construction sectors, defense equipment and metro and railway equipment. To establish its edge among the competition, Natrajan said that Bharat would offer customers lower prices, faster arrival times and warranties of up to 17 years.
“India and Indonesia are quite near each other, compared to Japan or the United States. So we’re able to promise the customer faster arrival times,” he said.
This is the fourth branch outside of India that has been established by Bharat, with the others being in Malaysia, China and Brazil.
“We chose Indonesia as this country has a strong mining sector, but lacks heavy equipment,” Natrajan said.
The arrival of Bharat comes at a difficult time for the heavy equipment industry, as the economic slump continues to eat into mining output.
“Many of the existing companies have had to postpone expanding capacity due to the global crisis, which has forced mine operators to delay their purchases of heavy equipment,” Pratojo Dewo, the chairman of the Heavy Equipment Industry Association (Hinabi), said on Sunday, as quoted by Kontan business daily.
Source: The Jakarta Globe
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Saturday, 12 December 09
QUEENSLAND APPROVES A$4 BILLION COAL TERMINAL PROJECT
Queensland’s state government said it has signed a mandate approving development of the A$4 billion ($3.7 billion) Wiggins Island coal termina ...
Saturday, 12 December 09
INDONESIA'S COAL RUSH - SOOTY SUCCESS
Rising demand from China and India is stoking Indonesia’s exports of coal
FOR power stations on the coast of China, it is often cheaper to ...
Thursday, 10 December 09
ENVIROCOAL REGISTERED IN 33 COUNTRIES
PT Adaro concerned to register the brand overseas
PT Adaro Energy Tbk has registered the Envirocoal trademark for its coal products in 33 countri ...
Thursday, 10 December 09
INDIA TO IMPORT 28 MILLION TONNE OF STEAM COAL
Faced with short supply of coal from domestic sources, the Indian power ministry has revised upwards its coal import target for the current fiscal t ...
Thursday, 10 December 09
INDONESIA'S NEW MINING LAW WILL NOT LIMIT COAL EXPORTS, SAYS GOVERNMENT
The government will allow coal producers to continue exporting even if they miss domestic sales requirements, a senior mining official said, marking ...
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- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- SMC Global Power, Philippines
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