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Friday, 22 July 11
MARUBENI ACQUIRING 42.86% SHARE OF YTL JAWA POWER HOLDINGS
COALspot.com - Japan’s Marubeni Corporation acquisition 42.86% stake in YTL Jawa Power Holdings BV, which owns a 35% equity interest in Indonesia’s PT Jawa Power. Marubeni paid US$ 224 million for YTL Jawa Power stake.
According YTL annoucement’s to Malaysia Stock Exchange, Jawa Power owns a 1,220 megawatt coal-fired power plant at the Paiton Power Generation Complex in the district of Probolinggo, in East Java. YTL Power acquired its 35% stake in 2004.
Right now, Jawa Power supplies power to PT PLN (persero), the Indonesian state-owned integrated utility, through a 30-year power purchase agreement. The plant is operated and maintained by PT YTL Jawa Timur, a wholly-owned subsidiary of the YTL Power Group.
“Marubeni is a strong and well-respected player in the international utilities market and this collaboration will enable YTL Power and Marubeni to corporate on potential investments and develop future opportunities in the global utilities industry,’ Yeoh Seok Hong, YTL Power’s executive director say.
Meanwhile, Masumi Kakinoki, chief operating officer at Marubeni’s Power Projects & Infrastructure Division, said that through this transaction, Marubeni will build a firm partnership with YTL as a strategic partnet for future development, not only in Asia but also all over the world. Marubeni and YTL will collaboration in multiple areas such as power, water, and transportation for the further growth of Marubeni and YTL as global utility players.
To contact the reporter on this story: Efendi at efendi@coalspot.com
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Minerals Council of Australia
- Mjunction Services Limited - India
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Parliament of New Zealand
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Marubeni Corporation - India
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- The University of Queensland
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Oldendorff Carriers - Singapore
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