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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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Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
Thursday, 22 October 09
2ND UNITED INDONESIA CABINET UNVEILED
The Jakarta Post reported that, President Susilo Bambang Yudhoyono announced his second United Indonesia Cabinet on Wednesday night, comprising 34 m ...
Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks t ...
Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a c ...
Wednesday, 21 October 09
MINING REGULATION GENERATES CONFUSION IN INDONESIA
The Jakarta Globe reported that, Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the w ...
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- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Planning Commission, India
- Videocon Industries ltd - India
- Parliament of New Zealand
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
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