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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, 21 September 11
2ND ANNUAL SHALE GAS SUMMIT
2nd Annual Shale Gas Summit 31 October – 3 November 2011 JW Marriott Hotel, Hong Kong
According to a recent EI ...
Tuesday, 20 September 11
MTD INAUGURATES ITS COAL TERMINAL IN JAVA ISLAND
Press Release – MTD Group of Malaysia, one of prominent key players in the development of infrastructure in Malaysia, today inaugurated their ...
Tuesday, 20 September 11
DRY BULK MARKET LOSING ITS EDGE, RETREATING AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a surge during the past couple of weeks, which saw Capesize earnings boosted and the BDI (Baltic Dry Index) reaching levels of year high and c ...
Monday, 19 September 11
CHINA IMPORTS MORE THAN 10 MMT INDO COAL IN AUGUST 2011
COALspot.com - Indonesian coal exports dropped 1.642 million tons in August compared to July exports. Indonesia exports 29.662 million tons of coal ...
Monday, 19 September 11
INDOMOBIL ENTERING INTO COAL MINING BUSINESS
COALspot.Com- PT Indomobil Sukses Internasional Tbk, part of, one of Indonesia's largest conglomerates, to enter into mining industry ac ...
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- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Australian Coal Association
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- The University of Queensland
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
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