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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, 23 September 11
ICMA TO BUILD UPGRADE FACILITIES TO ANTICIPATE BAN ON LOW-GRADE COAL EXPORT BY 2014
COALspot.com - January to August of this year, Indonesia’s coal production had already reached 235 million tons. Earlier estimates had targete ...
Friday, 23 September 11
UT TO PRODUCE 7 MMT OF COAL BY 2012
PT United Tractors Tbk is targeting a 7 million tons of coal production next year, a 55.55% increase from 4.5 millions targeted this year, said Pres ...
Friday, 23 September 11
RECORD RECYCLING ACTIVITY STIRS OPTIMISM IN DRY BULK SAYS BIMCOS ANALYSIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As expected at the start of the year, dry bulk ship owners were expected to flock scrapyards around the world, in order to take advantage of attract ...
Friday, 23 September 11
PANAMAX EXPERIENCED A SOFTENING IN RATES - FEARNLEYS AS
Handy
Still a good boost of fresh cargoes entering the market. Vessels in Black Sea with GOA clearance and Baltic positions are fetching tick abov ...
Wednesday, 21 September 11
INDIA'S COAL IMPORTS FROM INDONESIA FALL, CHINA BUYS MORE
COALspot.com - Indian coal imports from Indonesia fall to below 6 million tons in August, and this fall was continuing last few months. Ho ...
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- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- VISA Power Limited - India
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- PowerSource Philippines DevCo
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