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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, 30 June 09
ARCELORMITTAL, RIO, 8 OTHERS VIE FOR COAL INDIA MINES
Coal India Ltd. short-listed ArcelorMittal, Rio Tinto Group and eight other companies to develop its abandoned mines to help ease a shortage of coal ...
Monday, 29 June 09
INDONESIA PLANS 20 PCT FOREIGN MINING SALE LAW
Indonesia plans to require foreign investors in mining firms to gradually divest shares starting from the fifth year of commercial production, but m ...
Monday, 29 June 09
CHINA ENJOYS STABLE COAL ECONOMY IN THE FIRST FIVE MONTHS OF 2009
In the first five months of the year, China's raw coal production had continued to rise, and coal market stayed in a balance in terms of supply-dem ...
Monday, 29 June 09
GOVERNMENT FINE TUNES MINING LAW
The government is planning to require all foreign-owned mining companies to divest 20 percent of their businesses to local entities after five years ...
Sunday, 28 June 09
INDIA CEMENTS TO INVEST RS 1,500 CR OVER 2 YEARS
Chennai-based India Cements is planning to invest around Rs 1,500 crore over the next two years for setting up a greenfield project in Rajasthan, po ...
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- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Planning Commission, India
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Australian Coal Association
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
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