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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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Tuesday, 16 June 09
INDIAN MINING WORKER ARRESTED IN BENGKULU
Forestry officials in Bengkulu Province, Sumatra, arrested one Indian national and two Indonesians on Sunday for unauthorized exploration in the ele ...
Tuesday, 16 June 09
INDIAN GOVERNMENT MAY ALLOW PRIVATE COMPANIES TO MINE COAL
The government is “strongly considering” to allow commercial coal mining by private companies in a bid to bridge the demand-supply gap, ...
Monday, 15 June 09
SAFRICA'S COAL TERMINAL EXPANSION DELAYED TO Q4
South Africa's Richards Bay Coal Terminal (RBCT) said on Monday the completion of a project to expand the export facility had been delayed to the f ...
Monday, 15 June 09
SHENHUA DENIES GIVING GROUND ON EXPORT COAL PRICE - REUTERS
China Shenhua Energy Co, the country's top coal producer, expects Japanese and South Korean clients to pay at least as much as Chinese customers fo ...
Monday, 15 June 09
POWER PLANT SUFFERS FROM COAL CRISIS - THE STATESMAN
The 3,000 mw NTPC-Kaniha power plant, the second biggest in the country, is facing an unprecedented coal crisis with stocks dipping to a low of only ...
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- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
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- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
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- Energy Link Ltd, New Zealand
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- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Australian Coal Association
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
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- Carbofer General Trading SA - India
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- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Planning Commission, India
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
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