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Wednesday, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to start development on a new rail line in South Sumatra that would boost coal output.
The transport ministry had approved in principle a 307 km (191 miles) rail line connecting its coal mine in Central Bangko in South Sumatra province to the port of Lampung, on the southern tip of Sumatra island, Bukit Asam said in a statement.
"The approval gives certainty to start the rail project," the firm said, adding the new railway would have the capacity to transport 20 million tonnes of coal a year.
Bukit Asam, Indonesia's third-largest coal miner by market value, expects to start operations of the new railway in 2013.
The rail project will be carried out by a joint-venture company between Bukit Asam, PT Transpacific Railway Infrastructure and China Railway Engineering Corporation.
Bukit Asam and China Railway Engineering Corporation each hold a 10 percent stake in the joint venture, while PT Transpacific Railway Infrastructure has an 80 percent stake.
China Railway will be appointed engineering, procurement and construction (EPC) contractor and operator of the project.
Based on a 2007 feasibility study, the project would cost $1.06 billion, of which about 30 percent will be financed using internal cash and 70 percent from loans.
Bukit Asam, which has market value of $3.58 billion, has said it plans to increase its coal production to 50 million tonnes a year within five to six years by buying new mines and developing the new railway project.
The firm has signed a 20-year contract with state train operator PT Kereta Api to transport coal from its mine in South Sumatra to the port. [ID:nJAK519103]
Bukit Asam expected its coal output to be 12 million tonnes this year, up from 11 million tonnes in 2008, helped by the increased use of trains to transport coal.
Source: Reuters
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Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
Wednesday, 28 October 09
INVESTMENT IN MINING SECTOR HAMPERED BY LATE REGULATIONS
The Jakarta Post reported that, Indonesia may have to wait for a potential massive inflow of new investment into the mining sector due to delays in ...
Tuesday, 27 October 09
CHINA'S SEPT. COAL IMPORTS RISE AS ECONOMY RECOVERS
Bloomberg reported that, China, the world’s largest coal user and producer, increased imports of the fuel in September to meet rising domest ...
Monday, 26 October 09
DARWIN EYES PRIVATE INVESTMENT
The Jakarta Post reported that, the new energy and ministerial resources minister, Darwin Zahedy Saleh, has set his sights on accelerating the reali ...
Sunday, 25 October 09
THE FUTURE FREIGHT MARKET IS EXPECTED TO HAVE POSITIVE DIRECTION - VISTAAR
COALspot.com (Singapore): According to Vistaar Shipping an experienced ship operator in Singapore, the BDI shot up this week (19-24 October) by abou ...
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- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
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