COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 18 December 18
TOBA BARA ACQUIRES SHARES OF PT BATU HITAM PERKASA
Toba Bara LogoPT  Toba  Bara  Sejahtra  Tbk,  through  its subsidiary PT Toba Bara Energi (“TBE”), has acquired shares of PT Batu Hitam Perkasa (“BHP”) owned by PT Agung Indonesia Mandiri (“AIM”) and PT Saratoga Investama Sedaya Tbk (“SIS”). 
 
According to a press release for the company, the acquisition is in line with the Company’s vision to become one of the prominent integrated energy companies in Indonesia. For the past several years, the Company has made strategic diversification initiativesin the power sector through development of coal-fired power plant projects under its power subsidiaries of PT Gorontalo Listrik Perdana (2x50MW) and PT Minahasa Cahaya Lestari (2x50MW).Through  such acquisition, the  Company owns 100% shares in BHP,  which in turn, holds 5% shares of PT Paiton Energy (“PE”).  
 
Established in February1994, PE is a power plant company that has started its commercial operations of two plants (Unit 7 & 8) in May and July 1999 with total capacity of 615MW each. In March 2012, PE’s Unit 3 commenced its commercial operations with capacity of 815 MW, while marking the first power plant in Indonesia using supercritical boilers ystem technology. 
 
Company Director, Pandu  Sjahrir, in Jakarta said, “Our  consideration to go ahead with this acquisition was because of PE’s proven track record as awell-run power plant since its first commercial operation back in 1999. Moreover, the acquisition will increase additional capacity to the Company’s total power plant capacity, further enabling it to achieve its vision as one of the best integrated power companiesin Indonesia”. Total transaction value is estimated at around IDR 789.1 billion, or equivalent to US$ 54.0 million.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 04 January 19
FOCUS IS ON BOOSTING COAL PRODUCTION: INDIAN COAL MINISTER
The current focus of the government is on boosting production from operational coal mines, according to Minister for Coal, Piyush Goyal. ...


Thursday, 03 January 19
CAPESIZE: A MORE POSITIVE START OF THE NEW YEAR THAN EXPECTED FOR THE BIG SHIPS - FEARNLEYS
Capesize A more positive start of the new year than expected for the big ships, with average gains of  US$ 500/day posted on the first tra ...


Tuesday, 01 January 19
INDONESIA: COAL PRODUCTION EXPECTED TO EXCEED THIS YEAR'S TARGET - JP
Indonesian coal production reached 456 million tons up to Thursday or 94.02 percent of this year’s total target of 485 million tons, accordin ...


Monday, 31 December 18
THE INDONESIAN COAL MARKET Q1 '19 FORECAST: LOOKS DIRECTIONLESS - TRADER
The Indonesian coal market looks directionless, an International coal trader said when we asked him to give his forecast for 1Q' 2019.  ...


Monday, 31 December 18
GLOBAL COAL DEMAND GREW BY 1% IN 2017; GLOBAL COAL POWER GENERATION INCREASED BY OVER 250 TWH - IEA
After two years of decline, global coal demand grew by 1% in 2017 to 7585 Mt as stronger global economic growth increased both industrial output an ...


   300 301 302 303 304   
Showing 1506 to 1510 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Clarksons - UK
  • Bank of China, Malaysia
  • Ceylon Electricity Board - Sri Lanka
  • Jindal Steel & Power Ltd - India
  • BNP Paribas - Singapore
  • Ernst & Young Pvt. Ltd.
  • Pendopo Energi Batubara - Indonesia
  • Orica Mining Services - Indonesia
  • Mitra SK Pvt Ltd - India
  • Petrosea - Indonesia
  • PTC India Limited - India
  • Pinang Coal Indonesia
  • Global Business Power Corporation, Philippines
  • Meenaskhi Energy Private Limited - India
  • NALCO India
  • Bukit Baiduri Energy - Indonesia
  • San Jose City I Power Corp, Philippines
  • ASAPP Information Group - India
  • Vale Mozambique
  • Peabody Energy - USA
  • Maheswari Brothers Coal Limited - India
  • Xstrata Coal
  • Thermax Limited - India
  • Australian Commodity Traders Exchange
  • Inco-Indonesia
  • CNBM International Corporation - China
  • Bharathi Cement Corporation - India
  • Sical Logistics Limited - India
  • Shenhua Group - China
  • Platts
  • Inspectorate - India
  • Thomson Reuters GRC
  • IMC Shipping - Singapore
  • Asian Development Bank
  • Kartika Selabumi Mining - Indonesia
  • Bangkok Bank PCL
  • Eastern Energy - Thailand
  • GMR Energy Limited - India
  • GAC Shipping (India) Pvt Ltd
  • KPMG - USA
  • Mintek Dendrill Indonesia
  • Renaissance Capital - South Africa
  • The Treasury - Australian Government
  • Videocon Industries ltd - India
  • Adani Power Ltd - India
  • Cardiff University - UK
  • Kalimantan Lumbung Energi - Indonesia
  • Argus Media - Singapore
  • Maruti Cements - India
  • Essar Steel Hazira Ltd - India
  • GNFC Limited - India
  • Independent Power Producers Association of India
  • Credit Suisse - India
  • Global Coal Blending Company Limited - Australia
  • Ministry of Finance - Indonesia
  • KOWEPO - South Korea
  • Central Electricity Authority - India
  • Metalloyd Limited - United Kingdom
  • Anglo American - United Kingdom
  • Parry Sugars Refinery, India
  • Aditya Birla Group - India
  • Infraline Energy - India
  • Ambuja Cements Ltd - India
  • Glencore India Pvt. Ltd
  • ING Bank NV - Singapore
  • Port Waratah Coal Services - Australia
  • Bayan Resources Tbk. - Indonesia
  • MS Steel International - UAE
  • Permata Bank - Indonesia
  • Simpson Spence & Young - Indonesia
  • Riau Bara Harum - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Asia Cement - Taiwan
  • Wilmar Investment Holdings
  • World Bank
  • Altura Mining Limited, Indonesia
  • Barclays Capital - USA
  • Mercuria Energy - Indonesia
  • PowerSource Philippines DevCo
  • Antam Resourcindo - Indonesia
  • Indian Oil Corporation Limited
  • TGV SRAAC LIMITED, India
  • Sinarmas Energy and Mining - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • New Zealand Coal & Carbon
  • Deloitte Consulting - India
  • Bhushan Steel Limited - India
  • Commonwealth Bank - Australia
  • Core Mineral Indonesia
  • Planning Commission, India
  • Mjunction Services Limited - India
  • Gujarat Sidhee Cement - India
  • PLN - Indonesia
  • Merrill Lynch Commodities Europe
  • OPG Power Generation Pvt Ltd - India
  • Standard Chartered Bank - UAE
  • globalCOAL - UK
  • RBS Sempra - UK
  • Jatenergy - Australia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Semirara Mining Corp, Philippines
  • Coal India Limited
  • Tata Power - India
  • Holcim Trading Pte Ltd - Singapore
  • Gujarat Mineral Development Corp Ltd - India
  • Coal Orbis AG
  • Madhucon Powers Ltd - India
  • CCIC - Indonesia
  • Tanito Harum - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Maharashtra Electricity Regulatory Commission - India
  • Coal and Oil Company - UAE
  • Idemitsu - Japan
  • J M Baxi & Co - India
  • Gupta Coal India Ltd
  • Mitsui
  • Adaro Indonesia
  • Indorama - Singapore
  • Rashtriya Ispat Nigam Limited - India
  • Britmindo - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Berau Coal - Indonesia
  • Vitol - Bahrain
  • CESC Limited - India
  • Carbofer General Trading SA - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Cosco
  • Rudhra Energy - India
  • Thai Mozambique Logistica
  • UOB Asia (HK) Ltd
  • Australian Coal Association
  • Chamber of Mines of South Africa
  • London Commodity Brokers - England
  • Tamil Nadu electricity Board
  • Orica Australia Pty. Ltd.
  • KEPCO - South Korea
  • McKinsey & Co - India
  • Trasteel International SA, Italy
  • Bhatia International Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Bangladesh Power Developement Board
  • Coalindo Energy - Indonesia
  • BRS Brokers - Singapore
  • Siam City Cement - Thailand
  • The India Cements Ltd
  • Humpuss - Indonesia
  • Romanian Commodities Exchange
  • Asmin Koalindo Tuhup - Indonesia
  • Economic Council, Georgia
  • Petron Corporation, Philippines
  • Gujarat Electricity Regulatory Commission - India
  • Russian Coal LLC
  • Thailand Anthracite
  • IBC Asia (S) Pte Ltd
  • Maersk Broker
  • Neyveli Lignite Corporation Ltd, - India
  • Moodys - Singapore
  • Sucofindo - Indonesia
  • Wood Mackenzie - Singapore
  • Goldman Sachs - Singapore
  • JPower - Japan
  • Dalmia Cement Bharat India
  • Toyota Tsusho Corporation, Japan
  • MEC Coal - Indonesia
  • Therma Luzon, Inc, Philippines
  • The State Trading Corporation of India Ltd
  • Indogreen Group - Indonesia
  • Indian Energy Exchange, India
  • Medco Energi Mining Internasional
  • Bukit Asam (Persero) Tbk - Indonesia
  • World Coal - UK
  • TeaM Sual Corporation - Philippines
  • Leighton Contractors Pty Ltd - Australia
  • Reliance Power - India
  • Mitsubishi Corporation
  • Indian School of Mines
  • Attock Cement Pakistan Limited
  • Lafarge - France
  • Banpu Public Company Limited - Thailand
  • Sarangani Energy Corporation, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Ince & co LLP
  • Straits Asia Resources Limited - Singapore
  • Kapuas Tunggal Persada - Indonesia
  • Noble Europe Ltd - UK
  • Borneo Indobara - Indonesia
  • The University of Queensland
  • U S Energy Resources
  • DBS Bank - Singapore
  • EIA - United States
  • Samsung - South Korea
  • Deutsche Bank - India
  • IOL Indonesia
  • Arutmin Indonesia
  • Barasentosa Lestari - Indonesia
  • Formosa Plastics Group - Taiwan
  • South Luzon Thermal Energy Corporation
  • Freeport Indonesia
  • Bank of America
  • Qatrana Cement - Jordan
  • Kideco Jaya Agung - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Electricity Authority, New Zealand
  • Interocean Group of Companies - India
  • CoalTek, United States
  • Vizag Seaport Private Limited - India
  • Savvy Resources Ltd - HongKong
  • Ministry of Mines - Canada
  • ACC Limited - India
  • Iligan Light & Power Inc, Philippines
  • McConnell Dowell - Australia
  • UBS Singapore
  • Kaltim Prima Coal - Indonesia
  • Rio Tinto Coal - Australia
  • Vedanta Resources Plc - India
  • Singapore Mercantile Exchange
  • Jorong Barutama Greston.PT - Indonesia
  • Jaiprakash Power Ventures ltd
  • Gresik Semen - Indonesia
  • Coeclerici Indonesia
  • OCBC - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • Coastal Gujarat Power Limited - India
  • Oldendorff Carriers - Singapore
  • European Bulk Services B.V. - Netherlands
  • Miang Besar Coal Terminal - Indonesia
  • Tata Chemicals Ltd - India
  • Star Paper Mills Limited - India
  • Total Coal South Africa
  • Karaikal Port Pvt Ltd - India
  • Parliament of New Zealand
  • ETA - Dubai
  • Edison Trading Spa - Italy
  • Energy Link Ltd, New Zealand
  • Binh Thuan Hamico - Vietnam
  • SASOL - South Africa
  • Larsen & Toubro Limited - India
  • Bhoruka Overseas - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Heidelberg Cement - Germany
  • SMG Consultants - Indonesia
  • Kumho Petrochemical, South Korea
  • Arch Coal - USA
  • TNB Fuel Sdn Bhd - Malaysia
  • Energy Development Corp, Philippines
  • Fearnleys - India
  • Manunggal Multi Energi - Indonesia
  • Grasim Industreis Ltd - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Ministry of Transport, Egypt
  • SUEK AG - Indonesia
  • White Energy Company Limited
  • International Coal Ventures Pvt Ltd - India
  • Xindia Steels Limited - India
  • Cebu Energy, Philippines
  • IHS Mccloskey Coal Group - USA
  • Alfred C Toepfer International GmbH - Germany
  • Panama Canal Authority
  • TANGEDCO India
  • Intertek Mineral Services - Indonesia
  • Geoservices-GeoAssay Lab
  • Thriveni
  • Malabar Cements Ltd - India
  • Kepco SPC Power Corporation, Philippines
  • Krishnapatnam Port Company Ltd. - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Cemex - Philippines
  • Cement Manufacturers Association - India
  • Kobe Steel Ltd - Japan
  • Global Green Power PLC Corporation, Philippines
  • Indonesian Coal Mining Association
  • Globalindo Alam Lestari - Indonesia
  • Indonesia Power. PT
  • India Bulls Power Limited - India
  • Power Finance Corporation Ltd., India
  • VISA Power Limited - India
  • Aboitiz Power Corporation - Philippines
  • SGS (Thailand) Limited
  • Malco - India
  • Sindya Power Generating Company Private Ltd
  • Georgia Ports Authority, United States
  • Ind-Barath Power Infra Limited - India
  • Meralco Power Generation, Philippines
  • Karbindo Abesyapradhi - Indoneisa
  • JPMorgan - India
  • NTPC Limited - India
  • Posco Energy - South Korea
  • Siam City Cement PLC, Thailand
  • Bukit Makmur.PT - Indonesia
  • Thiess Contractors Indonesia
  • Merrill Lynch Bank
  • PetroVietnam
  • Timah Investasi Mineral - Indoneisa
  • Samtan Co., Ltd - South Korea
  • GVK Power & Infra Limited - India
  • APGENCO India
  • HSBC - Hong Kong
  • GN Power Mariveles Coal Plant, Philippines
  • GHCL Limited - India
  • Sojitz Corporation - Japan
  • Chettinad Cement Corporation Ltd - India
  • AsiaOL BioFuels Corp., Philippines
  • Coaltrans Conferences
  • Electricity Generating Authority of Thailand
  • Sakthi Sugars Limited - India
  • GB Group - China
  • Bulk Trading Sa - Switzerland
  • Africa Commodities Group - South Africa
  • Salva Resources Pvt Ltd - India
  • IEA Clean Coal Centre - UK
  • bp singapore
  • Mercator Lines Limited - India
  • Baramulti Group, Indonesia
  • ANZ Bank - Australia
  • ICICI Bank Limited - India
  • Price Waterhouse Coopers - Russia
  • KPCL - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Central Java Power - Indonesia
  • Indika Energy - Indonesia
  • Eastern Coal Council - USA
  • Surastha Cement
  • PetroVietnam Power Coal Import and Supply Company
  • Directorate Of Revenue Intelligence - India
  • TRAFIGURA, South Korea
  • Bahari Cakrawala Sebuku - Indonesia
  • Latin American Coal - Colombia
  • Indo Tambangraya Megah - Indonesia
  • Minerals Council of Australia
  • WorleyParsons
  • Uttam Galva Steels Limited - India
  • TNPL - India
  • Cargill India Pvt Ltd
  • Marubeni Corporation - India
  • Shree Cement - India
  • Platou - Singapore
  • Enel Italy
  • Semirara Mining and Power Corporation, Philippines
  • Maybank - Singapore
  • Agrawal Coal Company - India
  • Kobexindo Tractors - Indoneisa
  • Vijayanagar Sugar Pvt Ltd - India
  • SN Aboitiz Power Inc, Philippines
  • PNOC Exploration Corporation - Philippines
  • Makarim & Taira - Indonesia
  • PLN Batubara - Indonesia
  • Japan Coal Energy Center
  • Runge Indonesia
  • SRK Consulting
  • CIMB Investment Bank - Malaysia
  • Mechel - Russia
  • SMC Global Power, Philippines
  • EMO - The Netherlands
  • Sree Jayajothi Cements Limited - India
  • Lanco Infratech Ltd - India