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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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Wednesday, 19 October 11
ADARO ACQUIRES BUKIT ENIM ENERGI - INSIDER STORIES
Insider Stories reported that, Coal miner PT Adaro Energy Tbk, via its subsidiary dubbed PT Alam Tri Abadi, today revealed a 46% stake takeover of a ...
Tuesday, 18 October 11
INDONESIAN PRESIDENT APPOINTS JERO WACIK AS NEW MINISTER OF ENERGY & MINERAL RESOURCES
COALspot.com - Jero Wacik has been appointed as minister of energy and mineral resources of Indonesia replacing Darwin Saleh and Prof. Widjajono Par ...
Tuesday, 18 October 11
DELTA DUNIA MAKMUR HAS PRODUCED 3.0 MILLION TONS OF COAL LAST MONTH
COALspot.com - PT. Delta Dunia Makmur, wholly owned subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), Delta Dunia Makmur has removed 1.4 million bcm ...
Monday, 17 October 11
KOWEPO TO BUY 260,000 MT BITUMINOUS COAL
COALspot.com - KOWEPO has issued a spot tender for 260,000MT of minimum 5,600kcal/kg NAR Bituminous Coal.
The tender document also mentioned tha ...
Monday, 17 October 11
CAPESIZE SHIPPING COSTS CLIMB TO 10-MONTH HIGH ON ORE IMPORTS
The cost to hire capesize vessels climbed to a 10-month high as rising imports of iron ore to China boosted demand for the ships.Monthly iron-ore sh ...
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- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Romanian Commodities Exchange
- Posco Energy - South Korea
- The University of Queensland
- Ministry of Mines - Canada
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
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