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.
|
|
Monday, 24 August 09
10 LAKH (1 MILLION) TONNE COAL BURNT IN KPT
Times of India reported that, In an unusual phenomenon, 10 lakh tonne coal cache stored at a plot in Kandla Port Trust was reduced to ashes after it ...
Monday, 24 August 09
LANCO IN TALKS FOR INDONESIAN COAL MINE
Economic Times of India reported that, Infrastructure company Lanco Infratech is in advanced talks with Indonesian engineering, procurement and cons ...
Saturday, 22 August 09
'THE BDI IS LIKELY TO BE HOLDING AROUND 2,500 POINTS' - SHIPPING UPDATE
COALspot.com (Singapore): The dry bulk market continued to be soft and the BDI dropped by 10 percent this week and closed at 24,68 points this week. ...
Saturday, 22 August 09
INDIAN COAL BUYERS RE-EMERGE WITH FRESH TENDERS
Reuters world's largest international multimedia news agency reported that,Indian coal end-users have re-emerged after a few weeks with several fre ...
Friday, 21 August 09
HUANENG YIMIN TO HIKE COAL OUTPUT
China Daily, the largest English portal in China reported that, China's first large coal-electricity joint project, Huaneng Yimin Coal Electricity ...
|
|
|
Showing 6481 to 6485 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Romanian Commodities Exchange
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
|
| |
| |
|
