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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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Sunday, 31 July 11
CAPES ARE TRADING BELOW $ 9500 PER DAY - VISTAAR
COALspot.com - The BDI further softened by 4.46 pct and closed at 1264 points which touched below 1300 points after long time. The Cape and Panamax ...
Friday, 29 July 11
5300 ADB COAL WILL BE AT US$ 60/TON IN THIS QUARTER - RAIN
COALspot.com - PT Resource Alam Indonesia Tbk (KKGI) seeing the average selling price of its coal for the third quarter of this year will increase t ...
Thursday, 28 July 11
PTBA'S COAL PRICES UP IN H1 2011
COALspot.com - Bukit Asam’s coal prices in the second half of 2011 will expected to be higher than the first half of this year, said Sukrisno, ...
Thursday, 28 July 11
RESOURCE ALAM 1H PROFIT SURGES 208 PERCENT
Indonesia's tenth largest coal miner in term of concessions, PT Resource Alam Indonesia (KKGI), part of Rain Group, today reported a skyrocket net ...
Thursday, 28 July 11
DRY BULK MARKET EDGES FURTHER DOWN ON ADDED PRESSURE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Baltic Dry Index (BDI), an indicator of dry bulk freight rates has reached new lows this week, with yesterday’s session ending further dow ...
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- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Parliament of New Zealand
- Minerals Council of Australia
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Bangladesh Power Developement Board
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