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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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Sunday, 07 October 18
SUPRAMAX: INDO-INDIA USUAL COAL RUNS WERE COVERED AT US$ 12K - FEARNLEYS
Capesize
Average daily earnings up close to 15 pct in 5 trading days, thus patience finally paying off for owners of the big ships - Chinese play ...
Sunday, 07 October 18
A CASE FOR 20/20 VISION? IMO'S LOW SULPHUR FUEL LIMIT UNDER MARPOL ANNEX VI WHICH COMES INTO FORCE ON 1ST JANUARY 2020
KNOWLEDGE TO ELEVATE
The implementation of the global 0.5% sulphur cap for bunker fuel under MARPOL Annex VI in just under 18 months’ ti ...
Friday, 05 October 18
COAL PRODUCTION REACHES 64% OF 2018 TARGET : THE JAKARTA POST
National coal production up to August has already reached 311 million tons, or 64 percent of this year's total target of 485 million tons, acco ...
Wednesday, 03 October 18
VALUE OF AUSTRALIAN COAL EXPORTS TIPPED TO DECLINE SHARPLY OVER NEXT 18 MONTHS - THE GUARDIAN
Thermal coal prices forecast to drop 25% and metallurgical coal prices 23% as value of iron ore exports also falls
The value of Aust ...
Wednesday, 03 October 18
SHIPPING MARKET INSIGHT - KATERINA RESTIS
The bunker fuel supply and availability landscape is close to its transformation with the enforcement of the IMO’s global 0.5% fuel Sulphur c ...
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Showing 1596 to 1600 news of total 6871 |
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- Banpu Public Company Limited - Thailand
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- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
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- SN Aboitiz Power Inc, Philippines
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- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
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- The University of Queensland
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- Madhucon Powers Ltd - India
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- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
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- IEA Clean Coal Centre - UK
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- Salva Resources Pvt Ltd - India
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- CNBM International Corporation - China
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
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- ASAPP Information Group - India
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- Economic Council, Georgia
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- Eastern Energy - Thailand
- Malabar Cements Ltd - India
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- Global Coal Blending Company Limited - Australia
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- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
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- Carbofer General Trading SA - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
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- Mjunction Services Limited - India
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- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
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- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
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- Ministry of Finance - Indonesia
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- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
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- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
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- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
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- Larsen & Toubro Limited - India
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- ICICI Bank Limited - India
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- White Energy Company Limited
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
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- Heidelberg Cement - Germany
- Minerals Council of Australia
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- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
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