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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, 27 February 09
WIKA TO ACQUIRE MINING COMPANY
The Jakarta Post reported that, Public listed state construction firm PT Wijaya Karya (Wika) is to acquire a mining contracting firm in the first se ...
Friday, 27 February 09
COASTAL ENERGEN INKS PACT WITH CHINESE FIRM FOR POWER EQUIPMENT
My Digital Fc reported that, Dubai-based Coal and Oil Group, which is setting up a 1,200MW thermal power plant in Tamil Nadu, has tied-up with China ...
Thursday, 26 February 09
GMR INFRA COMPLETES INDONESIAN BUY
Blonnet reported that, GMR Infrastructure Ltd today confirmed the acquisition of an Indonesian coal mining company for a consideration of $80 millio ...
Wednesday, 25 February 09
INDONESIAN GOVERNMENT TO REGULATE MINIMUM COAL SELLING PRICES
The Jakarta Post reported that, To complement the recent enactment of the new mining law, the government is preparing to introduce a coal pricing in ...
Thursday, 19 February 09
GEOTHERMAL ENERGY DOMINATES 10.000 MW POWER PROJECT - ESDM
The role of coal as a source of energy is superseded by geothermal energy to power the second phase of the 10.000 megawatt (MW) power plant project. ...
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- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- The University of Queensland
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- London Commodity Brokers - England
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