We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...
Wednesday, 23 September 09
TATA POWER TO COMMISSION 2 UNITS OF MUNDRA UMPP BY FEB 2012
Business Standard reported that, the country's largest private power producer Tata Power today said it would commission 1,600 MW capacity of its 4, ...
Wednesday, 23 September 09
NAVA BHARAT TO ADD 300MW CAPACITY, RAISE RS1,386 CRORE (US$ 289,674,610)
The firm plans to place orders for equipment by the end of October and commission both the plants by April 2012 to sell power in the open market
...
Tuesday, 22 September 09
ASIA COAL-PRICES TOPS $70 AS TRADERS SEEK BARGAINS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, rose for the second week to top $70 a tonne this week, clawi ...
Tuesday, 22 September 09
QINHUANGDAO COAL PRICES SURGE ON STRONG DEMAND
People's Daily Online reported that, Coal prices at Qinhuangdao port, China's largest coal port, witnessed the sharpest increase in the year last ...
|
|
|
Showing 6406 to 6410 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Parliament of New Zealand
- Economic Council, Georgia
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- The University of Queensland
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
|
| |
| |
|
