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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 $20 billion, runs Thailand's gas pipeline monopoly and controls more than 30 petroleum, gas exploration, petrochemical and refinery businesses.
At the midday break, PTT shares were up 0.4 percent at 240 baht while the main Thai stock index was down 0.4 percent.
Source: Reuters
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Thursday, 13 August 09
RIO PREPARES COAL IPO AFTER FAILING TO FIND BUYER
Bloomberg reported that, Rio Tinto Group, the world’s third- largest mining company, is preparing an initial public offering for its U.S. ...
Thursday, 13 August 09
NOBLE'S PROFIT DOUBLES ON GLOUCESTER COAL ACQUISITION
Bloomberg reported that, Noble Group Ltd., a Hong Kong-based supplier of raw materials from soybeans to coal, said second- quarter profit more than ...
Thursday, 13 August 09
CHINA COAL-PRICES UNCHANGED, BUT LIKELY TO MOVE HIGHER
Alibaba reported that, Spot coal prices in China's top coal port Qinhuangdao were unchanged from a week earlier, but are still looking bullish in t ...
Thursday, 13 August 09
INDONESIA'S BERAU COAL SEES 2010 OUTPUT UP 16 PCT
Reuters reported that, Indonesia's fifth-largest coal miner, PT Berau Coal, expects 2010 production to be nearly 16 percent higher than this year, ...
Thursday, 13 August 09
JAYPEE GROUP. L&T INK RS 4,000-CRORE (US$ 824,818,084) DEAL
Second order bagged by L&T in the supercritical segment.
Jaiprakash Power Ventures Ltd (JPVL), promoted by the $7-billion Jaypee group, has s ...
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- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Planning Commission, India
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- CNBM International Corporation - China
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
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