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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, 19 August 11
AUSTRALIAS' ATH TO ACQUIRE 60% OF APUAH COAL MINE IN INDONESIA
COALspot.com - Australian listed company, Atech Holdings Limited (ATH) has entered into a conditional binding term sheet to acquire 60 percent stake ...
Friday, 19 August 11
INDIA IMPORTS LESS INDONESIAN COAL THAN CHINA IN JULY
COALspot.com - Indonesia shipped 31.30 Million tons of coal in July 2011, up by 10.69 percent compared to June's export of about 28.27 ...
Thursday, 18 August 11
INDONESIAS PROPOSED LOW GRADE COAL EXPORT BAN WILL NOT HAVE A SIGNIFICANT IMPACT ON INDIA - MISWIN MAHESH
COALspot.com - The Indonesian government is currently in the process of drafting a new regulation that could ban the export of low-grade coal by Jan ...
Thursday, 18 August 11
MARUBENI ACQUIRED 42.86% OF YTL JAWA POWER
COALspot.com - Marubeni Corporation (Marubeni) has completed the acquisition of 42.86 percent of the shares of YTL Jawa Power Holdings BV from YTL P ...
Wednesday, 17 August 11
CME LAUNCHES ARGUS COKING COAL SWAP FUTURES
COALspot.com - Argus media reported that, leading exchange CME Group will list an Australian coking coal swap futures contract for trading on the Ny ...
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- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- White Energy Company Limited
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Planning Commission, India
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- The University of Queensland
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
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