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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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Thursday, 03 November 11
DRY BULK MARKET OFFICIALLY IN THE RED ON LOWER CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept falling yesterday, on lower iron ore demand, which has caused the industry’s benchmark, the BDI (Baltic Dry Index) to ...
Wednesday, 02 November 11
MMTC TO BUY 3.73 MILLION TONS OF COAL FOR 2011- 2013
COALspot.com - India’s state-owned coal and mineral trader MMTC looking for 3.73 million tons of power plant coal for the period 2011 - 2012/ ...
Wednesday, 02 November 11
PANAMAX MARKET BECAME QUIETER AFTER THE RECENT RECOVERY - BRS
There were substantial losses across the board this week: the BDI lost 6.3% to end at 2,018 and the BCI 8.2% to end 3,274. In the smaller sizes the ...
Tuesday, 01 November 11
BORNEO LUMBUNG BUYS 23.8% INTEREST IN BUMI
COALspot.com - PT. Borneo Lumbung Energi (BORN), an Indonesian coking coal producer announces that it has signed a sale and purchase agreement, cond ...
Tuesday, 01 November 11
BAKRIE FORMS STRATEGIC PARTNERSHIP WITH BORNEO - REDUCING DEBT BY USD 1 BILLION
Press Release - Enhancing the standing of “Indonesia Inc.” at the London Stock Exchange PT Bakrie & Brothers Tbk (“BNBR” ...
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- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- The University of Queensland
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
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