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Sunday, 01 November 09
PT INDIKA MAY BUY STAKES IN BHPB INDONESIA OPERATIONS
Dow Jones reported that Indonesian coal producer PT Indika Energy may buy stakes in BHP Billiton Limited's Indonesian coal operations and in local coal company PT Berau Coal and has interest in several other potential acquisitions in the coal sector.
Mr Wisnu Wardhana vice president director of Indika said that that the company has submitted an expression of interest in BHP Billiton's Maruwai metallurgical coal project and aims to submit a bid for a stake. BHP Billiton plans to sell a 25% stake in Maruwai, which consists of seven coal mine sites in Central and East Kalimantan provinces, as early as the first quarter of next year.
He said that Indika is still in the running to buy a stake in Berau Coal and aims to buy as much as 100% of the company. People with knowledge of the matter have previously said that financial services company PT Recapital Advisors has been selected as the preferred bidder for Berau Coal ahead of Indika and other bidders. A decision on the sale is expected this week.
It may be noted that Indonesian holding company PT Armadian Tritunggal and Netherlands based firm Rognar Holding BV plan to sell part of all of their stakes in Berau Coal. The two hold a combined 90% of the company and Japan's Sojitz Holding Corporation holds the remaining 10%. If possible, Indika aims to buy the entire company including the stake held by Sojitz.
Source: Steel Guru
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Thursday, 29 October 09
COAL OF AFRICA SEES VELE OUTPUT BY APRIL 2010
* First coal from Mooiplaats mined and sold
* Talks with Transnet on rail PPP on track
Reuters reported that, Coal of Africa (CoAL) said on Mond ...
Thursday, 29 October 09
UAE FUND EYES INDIA POWER FOR INDONESIAN COAL
Reuters reported that, the UAE's Middle East Coal (MEC) is in talks to buy equity stakes in India's power plants in exchange for long-term coal su ...
Thursday, 29 October 09
CESC POSTS RS 126 CRORE (US$ 26,655,178) NET PROFIT IN QUARTER TWO
Economic Times reported that, Energy major CESC posted a marginal increase in net profit at Rs 126 crore (US$ 26,655,178) for the quarter ended Sep ...
Thursday, 29 October 09
INDIA MMTC TENDER SET TO BOOST S.AFRICA COAL
The South African coal market is set to be boosted further by India's state-owned trading firm MMTC Ltd's tender for 12.5 million tonnes, Indian t ...
Thursday, 29 October 09
INDIA CEMENTS SET TO ACQUIRE COAL MINE IN INDONESIA
Business-Standard reported that, India Cements is set to acquire a coal mine in Indonesia for around $20 million (around Rs 100 crore). The company ...
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- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Economic Council, Georgia
- SMC Global Power, Philippines
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Australian Coal Association
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Ceylon Electricity Board - Sri Lanka
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