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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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Monday, 15 August 11
INDIAS MALABAR CEMENTS SEEK TO IMPORT 40,000 TONS OF COAL
COALspot.com - Malabar Cements Ltd., India's Keralaa government owned cement factory is seeking to import 40K metric tons of non-coking coal throug ...
Sunday, 14 August 11
SUPRAMAX CHARTER RATES SHARPLY UP - CAPT.REDDY
COALspot.com - The BDI ended positive with gains in Cape and Panamax index. The BDI was up by 1.50 pct and the cape and panamax index was up by almo ...
Saturday, 13 August 11
GMR HAS ENTERED INTO CSPA WITH GEMS TO ACQUIRE 30% STAKE
COALspot.com - GMR Infrastructure Investments (Singapore) Pte Ltd, a subsidiary of GMR Infrastructure, has signed conditional sale and purchase agre ...
Friday, 12 August 11
COAL MINERS WILL ALLOW TO CONSTRUCT MINE MOUTH POWER PLANT
COALspot.com - The government is set to draft a regulation to enable construction of steam-fired power plants (PLTU) by coal mining companies for th ...
Friday, 12 August 11
CAPESIZE DEMAND HELPS LIFTING OF DRY BULK MARKET - HELLENIC SHIPPING NEWS
The dry bulk market has recovered a small fraction of its lost ground this week, with higher returns as a result of increased capesize demand. This ...
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- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- VISA Power Limited - India
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Eastern Energy - Thailand
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