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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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Friday, 19 June 09
COAL FORUM TO MEET IN BALI NEXT WEEK
Bali will host next week a Southeast Asian forum on coal, involving coal producers, consumers and government representatives.
The Indonesian Ener ...
Friday, 19 June 09
KARNATAKA POWER CORP BEGINS BLENDING INDONESIAN COAL
BL reported that the State Government owned power utility Karnataka Power Corporation Limited has begun blending imported Indonesian coal for its th ...
Thursday, 18 June 09
COAL MINING HALTS AFTER DEADLY BLAST - (UPDATE 2)
All mining activists in Sawahlunto, West Sumatra, are at a standstill after a major underground explosion killed at least 31 miners and buried 12 ot ...
Thursday, 18 June 09
INDIA'S HINDALCO CLOSE TO BUYING AUSTRALIA COAL MINE
India's largest aluminium maker Hindalco Industries is close to acquiring a coal mine in Australia, for about $70-$80 million, The Economic Times r ...
Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES
* Coal imports and prices fall as steel industry slumps
* Coal industry grapples with carbon polluter image
German imports of hard coal are like ...
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Showing 6671 to 6675 news of total 6871 |
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- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- Australian Coal Association
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
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