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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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Tuesday, 08 September 09
INDONESIA OFFERS AN OPPORTUNITY TO INDIANS
Meri News reported that, Indonesia is all set to launch the country's second 10,000 MW accelerated power expansion programme. The new power develop ...
Tuesday, 08 September 09
BUKIT ASAM AIMS 14 MLN TONS COAL PRODUCTION
VIVA News reported that, The rise in coal production is mainly triggered by the step-up in domestic demand.
Coal mining company PT Tambang Batuba ...
Tuesday, 08 September 09
MERCHANT BANKERS ADVISE CIL ON INDONESIAN MINE BUYS
Business Standard reported that, State-owned Coal India Ltd (CIL) is being advised by four to five merchant bankers on acquisition of coal assets in ...
Tuesday, 08 September 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 - PRESS RELEASE
The 3rd Asia Pacific Coal Trading & Investment Outlook 2009
Analysis of Asia Coal Market amid Global Financial Crisis
COALspot.com(Chin ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA
Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination ...
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- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
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- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
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- GMR Energy Limited - India
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- TeaM Sual Corporation - Philippines
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- Minerals Council of Australia
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- Planning Commission, India
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- Parliament of New Zealand
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- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
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- Coal and Oil Company - UAE
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- Petron Corporation, Philippines
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- Kapuas Tunggal Persada - Indonesia
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- Standard Chartered Bank - UAE
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- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
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- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
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- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
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- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
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- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
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- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
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- Bharathi Cement Corporation - India
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- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Australian Coal Association
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
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- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
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- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
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- Meenaskhi Energy Private Limited - India
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
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- Parry Sugars Refinery, India
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- White Energy Company Limited
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- Ministry of Finance - Indonesia
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- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
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- Energy Development Corp, Philippines
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- Bayan Resources Tbk. - Indonesia
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- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
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- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
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- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- London Commodity Brokers - England
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
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- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
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- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
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