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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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Monday, 10 October 11
MOZAMBIQUE CHANNEL TO BE THE NEW PIRACY HOTSPOT FOR THIS YEAR SAYS MARITIME SECURITY EXPERT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Mozambique Channel, as well as the entrance to the Persian Gulf, are expected to become some of the new pirate hotspots for piracy, says Richard ...
Sunday, 09 October 11
FREIGHT MARKET ENDED WITH A POSITIVE DIRECTION - VISTAAR
COALspot.com - The market ended with a positive note with all the segments up except for handy size. The biggest gainer was Panamax index up by 11 p ...
Saturday, 08 October 11
INDONESIAN MINER PLANS $167M IPO TO FUEL SUMATRA COAL BOOM - JG
The Jakarta Globe reported that, coal miner Atlas Resources aims to raise as much as Rp 1.5 trillion ($167 million) in an initial public offering to ...
Friday, 07 October 11
MINING REGULATIONS , OBSTACLES AND GROWTH : INDIA VS INDONESIA - SUNIL K KUMBHAT
COALspot.com - The Govt of India has passed long pending Mines & Minerals (Regulation and Development) Bill, 2011, which seeks to replace ...
Friday, 07 October 11
$100M FOR EXPANSION INTO KALIMANTAN MINING: AKR
The Jakarta Globe, one of the leading English news paper in Indonesia reported that, AKR Corporindo, a fuel and chemical distributor, has set aside ...
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- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
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