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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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Saturday, 23 May 09
THE SPOT SUPRAMAX CONTINUED TO BE FIRM - VISTAAR SINGAPORE
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore, said, the beginning of the week continued ...
Saturday, 23 May 09
INDONESIA'S COAL OUTPUT SLUMPS IN Q1 ON LOWER PRICES, FALLING DEMAND - THE JAKARTA GLOBE
Falling international coal prices, bad weather and other problems cut first-quarter coal output by 50 percent to 30 million tons against an initial ...
Saturday, 23 May 09
INDIAN GOVT PLANS TO BUILD FIVE COAL-BASED POWER PLANTS AT $3.5B TO END CRISIS - THE FINANCIAL EXPRESS
The government has started working on a plan to set up five coal-based power plants with combined capacity of 2,500 mega watt to solve the country' ...
Saturday, 23 May 09
INTERNATIONAL COAL VENTURES PVT LTD FORMED - INDIA SERVER
National Thermal Power Corporation Limited (NTPC Ltd), the largest thermal power generating company of India, has entered into a joint venture with ...
Friday, 22 May 09
CHURCHILL DOUBLES INDONESIAN COAL PROJECT RESOURCE ESTIMATE - STEEL GURU
Mining Weekly quoted Churchill Mining as saying that the resource at its East Kutai coal project in Indonesia has more than doubled to 3.18 billion ...
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- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Planning Commission, India
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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