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Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
 The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it improves rail networks for the transportation of coal.
The company may sell as much as 15 million tons of coal next year, an increase from its target of 13.5 million this year, as it expects to transport more coal after purchasing of new locomotives, corporate secretary Achmad Sudarto said Monday night. "We hope that with better transport we can sell more coal."
The improvement in the transportation system is expected to help the company capitalize on a rise in production in 2010, when coal output is expected to reach up to 14 million tons from the expected 11 million tons this year.
The company sells coal not only from its own mines but from trade.
Aiming to increase production in near future, PT BA is in the process of acquiring two mining companies in Kalimantan under a deal estimated to be worth US$150 million.
"We hope we can settle the deal before the end of this year," Sudarto said, adding the company would finance the acquisition with internal funds.
The acquisitions are aimed at helping the company meet its production target of 50 million-tons in the next three to four years.
PT BA produced 5.6 million tons of coal in the first half this year, a 20-percent rise on 2008. It sales volume was unchanged at 5.8 million tons, of which 73 percent was allocated to the domestic market. The company's latest financial report showed its net profit soared 124 percent to Rp 1.59 trillion ($159 million) in the first half of this year, on the back of higher coal prices.
The company said that the average selling price rose 55.7 percent to Rp 768,553 a ton.
Sudarto said that the performance of the company in the next half "will be so much better" on the back of increasing sales volume, which is expected to reach 13.5 million tons this year, a 5.5-percent increase on 2008.
Sudarto also unveiled a target for the completion of 30-megawatt coal-fired power plant in South Sumatra in first quarter of 2011. The plant, Sudarto said, will cut operational cuts.
The company needs 23 megawatts of electricity to support its production activities.
Source: The Jakarta Post
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Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...
Wednesday, 23 September 09
TATA POWER TO COMMISSION 2 UNITS OF MUNDRA UMPP BY FEB 2012
Business Standard reported that, the country's largest private power producer Tata Power today said it would commission 1,600 MW capacity of its 4, ...
Wednesday, 23 September 09
NAVA BHARAT TO ADD 300MW CAPACITY, RAISE RS1,386 CRORE (US$ 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 ...
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- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- VISA Power Limited - India
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Coalindo Energy - Indonesia
- The University of Queensland
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Planning Commission, India
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
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