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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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Tuesday, 23 August 11
COAL DEMAND IS REMAINED STRONG IN SPITE OF CURRENT GLOBAL ECONOMIC UNCERTAINTY - BUMI
COALspot.com - Indonesia's largest coal producer, PT Bumi Resources, Tbk (BUMI)'s sales revenue has increased to US$1.79 billion (compared with US ...
Tuesday, 23 August 11
PENRHYN COAL USING EVERGREEN ENERGYS COAL UPGRADING PROCESS
Evergreen Energy Inc has announced the successful testing results of the initial batches of Penrhyn coal using Evergreen Energy’s coal upgradi ...
Tuesday, 23 August 11
A SHARP INCREASE IN THE BDI - BRS
A sharp increase in the BDI this week, driven by the rise in Capesize rates. Overall the BDI was up 13.5% to 1,462 points on the back of a 20% surge ...
Monday, 22 August 11
INDONESIA TO BAN BELOW 5700 KCAL/KG COAL FOR EXPORT
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia is in the process of drafting a regulation which is requiring mine owners ...
Monday, 22 August 11
JATENERGY AGREED TO FORM JV WITH AN INDONESIAN COAL MINING COMPANY
COALspot.com - Australian’s listed company, Jatenergy Limited has entered conditional agreement to form joint venture with Indonesia’s c ...
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- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Planning Commission, India
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
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