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Wednesday, 18 November 09
THAI PTT PLANS COAL MINE INVESTMENT IN INDONESIA
* To conclude Indonesian coal mine buy in 6 months
* Sees coal output jumping to 20 mln tonnes in five years
Reuters reported that, PTT , Thailand's biggest energy firm, said on Wednesday it would conclude a plan to invest in coal mines in Indonesia over the next six months.
"We are in talks on the coal mine investment. It will be a joint investment to help our expansion," Chitrapongse Kwangsukstith, chairman of PTT International, told reporters.
PTT International, PTT's wholly owned overseas investment arm, would invest with partners in a mine in Kalimantan, he said.
PTT has said it was looking to buy more coal assets in Indonesia and Australia.
The latest deal was in April when PTT spent $335 million to buy part of Australian miner Straits Resources' coal and salt assets. The deal marked PTT group's first foray into the coal business and its second investment in Australia.
Chitrapongse said he expected PTT to raise its coal output to 9 million tonnes this year from 7-8 million tonnes last year, then to 11-12 million tonnes in 2010 and at least 20 million tonnes in five years.
Under a five-year plan, PTT wanted to increase overseas revenue to 20 percent of group revenue from around 10 percent now, PTT finance executive Tevin Vongvanick said.
PTT, Thailand's biggest listed company with a market value of $20 billion, runs Thailand's gas pipeline monopoly and controls more than 30 petroleum, gas exploration, petrochemical and refinery businesses.
At the midday break, PTT shares were up 0.4 percent at 240 baht while the main Thai stock index was down 0.4 percent.
Source: Reuters
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Wednesday, 04 November 09
BINANI HOPES TO BUY INDONESIAN COAL MINE IN 2-3 MONTHS
"We are still negotiating, but hope to conclude the deal in the next two to three months," Binani Cement Managing Director Vinod Juneja to ...
Tuesday, 03 November 09
CHINA TO BE NET COAL IMPORTER IN 2009
China is accelerating its importation of coal to cope with fallen output caused by the consolidation of small coalmines, and is likely to become a n ...
Monday, 02 November 09
RIO TINTO WARNS ON CHEAP MONGOLIAN COAL
The Age reported that, Mining giant Rio Tinto has warned that cheap coal from Mongolia as well as congestion at the Port of Newcastle in NSW could u ...
Monday, 02 November 09
ESSAR SEEKS COAL ASSETS IN SOUTH AFRICA
Paguntaka reported that, Essar Group plans to acquire coal assets in South Africa to help boost its power business in India. A senior executive of E ...
Sunday, 01 November 09
MINES REGULATION AMENDMENT BILL TO BE TABLED IN PARLIAMENT
Thaindia News reported that, A bill seeking to amend the Mines and Minerals Development Regulation Act, 1957, will be introduced in the winter sessi ...
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- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- White Energy Company Limited
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Planning Commission, India
- Wood Mackenzie - Singapore
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- PTC India Limited - India
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Economic Council, Georgia
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
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