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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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Friday, 12 June 09
THERMAL COAL PRICE REMAINS STABLE IN SHANXI - STEEL GURU
It is reported that coming into June, no major changes are seen in coal supply-demand relations in Shanxi province. Statistics of Qinhuangdao port, ...
Thursday, 11 June 09
PT NALCO PLANS TO CONSTRUCT COAL-FIRED POWER PLANT IN SOUTH SUMATRA - ENERGY BUSINESS REVIEW
PT Nalco (National Aluminium Company Limited), an Indian-based company, plans to construct a coal-fired power plant in South Sumatra. The company in ...
Thursday, 11 June 09
COAL PRODUCERS TO SEE BOOST IN DEMAND FROM ASIA PACIFIC - JAKARTA POST
The Jakarta Post reported that, at the recent 15th Coaltrans conference in Bali, we noted concerns related to rising oil prices at a faster pace tha ...
Wednesday, 10 June 09
BHP TO CUT 450 JOBS AT INDONESIAN COAL PROJECT - REUTERS
Reuters reported that, BHP Billiton Ltd will lay off all 450 workers at its Indonesian coal project after deciding not to go ahead with the pr ...
Monday, 08 June 09
PTC INDIA TO ACQUIRE COAL MINES IN AUSTRALIA, INDONESIA - PTI NEWS
PTI reported that, State-owned Power Trading Corp today said it would acquire coal properties overseas and has identified mines in Australia and Ind ...
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- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Australian Coal Association
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Aditya Birla Group - India
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
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