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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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Thursday, 08 October 09
MINING TO ATTRACT $6B: BKPM
The Jakarta Post reported that, Indonesia’s mining sector could expect investment of up to US$6 billion in the 2010-2012 period, in part becau ...
Thursday, 08 October 09
INDIA DEMAND TO HELP DIRE COAL OUTLOOK - MACQUARIE
Reuters reported that, Macquarie Securities said on Wednesday its bearish short-term outlook on thermal coal may begin improving in a year's time o ...
Thursday, 08 October 09
ESSAR UNIT WINS INR 479 CR (US$ 103,272,401) ORISSA PROJECT
The firm will develop and operate the terminal at Paradip port; the contract will stretch up to 30 years
Live Mint reported that, Essar Shipping ...
Wednesday, 07 October 09
ESSAR, JINDAL IN TAKEOVER TUSSLE FOR AUSTRALIAN COAL MINER
Reuters reported that, Privately owned Essar Group has launched a surprise A$144.2 million ($128.1 million) bid for Australian coal minnow Rocklands ...
Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...
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- The Treasury - Australian Government
- Australian Coal Association
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- The University of Queensland
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
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