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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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Saturday, 03 September 11
FEW SHIPS REPORTED FIXED FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued the upward trend during last week with BDI up by about 13 pct closing at 1,740 points and cape index up ...
Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/- 5 percent of non-coking imported coal with ...
Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...
Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...
Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...
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- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- PTC India Limited - India
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- The Treasury - Australian Government
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
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