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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, 18 June 09
INDIKA GETS APPROVAL ON PETROSEA ACQUISITION
PT Indika Energy, the country’s third-biggest miner, said on Wednesday that its shareholders had approved its plan to acquire an 81.95 percent ...
Thursday, 18 June 09
MORE FUNDS FOR COAL VIDESH ASSET BUY
The government plans to let Coal Videsh, a subsidiary of Coal India, have more than Rs 1,000 crore at its disposal to shop for assets abroad.
&ld ...
Wednesday, 17 June 09
MINE EXPLOSION'S DEATH TOLL HITS 30 - (UPDATE 1 )
Search and rescue workers have discovered the bodies of 30 miners who were killed in a coal mine explosion in the West Sumatra regency of Sawahlunto ...
Wednesday, 17 June 09
S.KOREA UTILITIES INK '09 COAL CONTRACTS WITH CHINA
* S.Korea to buy 3 mln tonnes of coal from China at $78.50/T
* Talks between individual power firms and miners ongoing
South Korean utilities ...
Wednesday, 17 June 09
MINE BLAST KILLS NINE, BURIES DOZENS
A major mine explosion near Sawahlunto city, West Sumatra, Tuesday, killed at least nine people while more than 30 were buried and are feared ...
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- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
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- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
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- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Bhatia International Limited - India
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Planning Commission, India
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
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