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
Monday, 12 October 09
INDONESIAN COAL MINER SAYS PLANS IPO IN 2010


Reuters reported that, Indonesian coal miner PT Bhakti Energi Persada plans an initial public offering in the first quarter of 2010 to develop coal mines in East Kalimantan, the firm's president director said on Monday.

A consortium of PT Persada Capital Investama and PT Triputra Investindo Arya, which are also stakeholders in coal producer Adaro Energy own a combined 65 percent shares in Bhakti Energi and the rest is owned by individual investors.

Jeffrey Mulyono, Bhakti's president director, told reporters on the sidelines of the Coaltrans 3rd Coal Mining Operations and Economics confererence in Jakarta that the miner planned to apply to the capital market regulator in January and the IPO could take place in March or in April.

He did not say how much the miner aimed to raise from the IPO but said proceeds raised would be used to finance infrastructure development at its Wahau mine in East Kalimantan.

Local media have reported that PT Bhakti had appointed PT Bahana Securities as the underwriter for the offering.

Bhakti Energi has eight mining concessions. One has started production with mineable coal reserves of 127 million tonnes, while the remaining seven concessions, where mining has not yet started, have combined mineable reserves of 5.7 billion tonnes.

Mulyono said the miner expected to produce 1.3 million tonnes of coal in 2010, increasing to 3 million tonnes in 2011.

He said the firm, which produces coal with a heating value of 3,500 kcal/kg as-received, has signed contracts to sell 250,000 tonnes of coal this year.

"We are selling 100,000 (tonnes) to an Indian utility and the remaining to local buyers. These are trial shipments," Mulyono said, adding it would start shipping by the end of October.
Source: Reuters



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

Recent News

Tuesday, 13 October 09
JSW ENERGY SCOUTING FOR PARTNERS, ACQUISITIONS
Business-Standard reported that, JSW Energy is planning to become an integrated power company by bringing in a partner for its transmission business ...


Tuesday, 13 October 09
INDIA INTERESTED IN AMERICAN COAL
UPI reported that, Coal India Ltd. in its global expansion efforts is now interested in coal properties in the United States. The Business Standard ...


Tuesday, 13 October 09
RIVERSDALE MAY USE ZAMBEZI RIVER TO TRANSPORT MOZAMBIQUE COAL
Mining Weekly reported that, ASX-listed coal-miner Riversdale Mining would submit a feasibility study and an environmental-impact study (EIS) for it ...


Monday, 12 October 09
BISICHI MINING FINALIZES COAL SUPPLY CONTRACT FOR 2010-2012
Small Cap News reported that, Bisichi, the South Africa based coal mining group, has agreed a three year coal supply contract between its principal ...


Monday, 12 October 09
SHANDUKA BUYS SACMH RICHARDS BAY COAL ALLOCATION
* Shanduka Coal takes SACMH 500,000T export space * RBCT must approve any change of ownership Reuters reported that, South Africa's Shanduka Co ...


   1268 1269 1270 1271 1272   
Showing 6346 to 6350 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 ...

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