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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, 04 June 09
ASIA COAL - PRICES RISE TO 31/2 MTH HIGH ON OIL, ECONOMY - INTERACTIVE INVESTOR
Interactive Investor reported that, Prices of power-station coal from Australia, a benchmark for Asia, rose to a three-and-a-half-month high of over ...
Thursday, 04 June 09
PTT: RESTRUCTURING BUSINESS, DIVERSIFYING INTO COAL - EASYBOURSE
Thailand's largest energy conglomerate, PTT PCL (PTT.TH), will diversify into coal as part of its business restructuring, Senior Executive Vice Pre ...
Thursday, 04 June 09
ADARO SECURES THREE NEW CONTRACTS, SAYS OUTLOOK POSITIVE - THE JAKARTA POST
Publicly listed PT Adaro Energy, the country's second largest coal miner, announced Wednesday it had secured three new coal contracts from buyers f ...
Wednesday, 03 June 09
XSTRATA, KOMIPO AGREE SOME '09 COAL TONNAGE AT $63/T- REUTERS
South Korean utility Korea Midland Power Co (KOMIPO) has agreed to buy part of its 2009 term contract tonnage from Xstrata's coal unit at about $63 ...
Wednesday, 03 June 09
KOSEP SEEKS UP TO 3 MLN TONNES OF COAL - REUTERS
Korea South-East Power Co Ltd (KOSEP) has issued four tenders seeking a total of 3 million tonnes of coal for delivery between 2009 to 2011, a tende ...
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- Videocon Industries ltd - India
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Australian Coal Association
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Economic Council, Georgia
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Bhushan Steel Limited - India
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