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Tuesday, 18 December 18
TOBA BARA ACQUIRES SHARES OF PT BATU HITAM PERKASA
 PT 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.
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Tuesday, 25 December 18
FUEL QUALITY AND SAFETY IN IMO CONVENTIONS: A GROWING CHALLENGE, EVEN PRIOR TO 1 JANUARY 2020 - IUMI
At the 100th session of the International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) meeting discussions on fuel quality a ...
Monday, 24 December 18
DRY BULK MARKET: CAPESIZE MARKET ON BACKFOOT AS 2018'S END DRAWS NEAR - THE BALTIC BRIEFING
Capesize
Panic set in in the East as the holiday season approaches, with owners chasing rates lower. Rates on the key West Australia/China route ...
Friday, 21 December 18
4.2 MILLION DWT OF DRY BULK SHIPS SCRAPPED UNTIL 17 DEC, DOWN 71.6% Y/Y - BIMCO
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An al ...
Thursday, 20 December 18
INDONESIAN COAL PRICES DIVERGE FROM KEY BENCHMARK - FITCH RATINGS
The Newcastle 6,000kcal coal price benchmark that is widely used to determine most coal price estimates for Indonesian coal miners has increasingly ...
Wednesday, 19 December 18
CHINA'S IMPORT RESTRICTIONS ON COAL SPOILS THE PARTY FOR PANAMAXES - DREWRY
The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Pa ...
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Showing 1516 to 1520 news of total 6871 |
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- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Deloitte Consulting - India
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Australian Coal Association
- Therma Luzon, Inc, Philippines
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