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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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Wednesday, 20 July 11
ANTWERP RECEIVES THE CAPESIZE MG COURAGE
The deepening of the Western Scheldt has made the port of Antwerp easily accessible not only to Ultra Large Container Ships of over 10,000 TEU but a ...
Wednesday, 20 July 11
KALIMANTAN GOLD APPOINTS COMMISSIONER TO SUBSIDIARY
Kalimantan Gold Corporation Limited has announced the appointment of Dr. Bambang Setiawan as Commissioner (a senior advisor) to the Board of PT Kali ...
Wednesday, 20 July 11
CHALLENGER GETS TABANG PROJECT IUP PERMIT
COALspot.com - Challenger Deep Resources Corporation has been getting exploration permit or Izin Usaha Pertambangan (IUP) for its Tabang coal in Eas ...
Wednesday, 20 July 11
TCM COAL PROJECT IN SOUTH KALIMANTAN MOVES TO FINAL FEASIBILITY STUDY
COALspot.com - Pan Asia Corporation Ltd has executed a formal agreement with an underground mining group KOPEX to undertake a final feasibilit ...
Wednesday, 20 July 11
DRY BULK MARKET KEEPS ON FALLING ON SOFTENING CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated to lower ground on Tuesday, as the industry’s benchmark, the BDI (Baltic Dry Index) fell to 1,330 points, down b ...
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- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
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