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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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Thursday, 14 July 11
INDO GOVT. SETS JULY COAL REFERENCE PRICE AT US$ 118.24 PER TON
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia sets coal spot price benchmark for July 2011 at US$ 118.24 per ton, US$ 0 ...
Thursday, 14 July 11
DRY BULK MARKET KEEPS FALLING ON WEAK CAPESIZE SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on retreating on Wednesday, with the Baltic Dry Index (BDI) falling to 1,383 points, from 1,411 of the previous day. Capesi ...
Thursday, 14 July 11
UNITED TRACTORS BUYS DUTA SEJAHTERA - INSIDER STORIES
Insider Stories reported that, PT United Tractors Tbk (UNTR), via a wholly-owned subsidiary PT Tuah Turangga Agung, will acquire PT Duta Sejahtera a ...
Wednesday, 13 July 11
ANOTHER FIRMER WEEK FOR THE CAPES - BRS
Barry Rogliano Salles reported that, there were mixed results for the dry bulk market this week: the Capesize and Panamax markets performed well gai ...
Tuesday, 12 July 11
INDONESIAN MINERS PLAN $70M INVESTMENT TO UPGRADE QUALITY OF COAL - THE JAKARTA GLOBE
One of the leading english language news paper in indonesia, the Jakarta globe reported that, as the government implements a ban on the export of po ...
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- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Economic Council, Georgia
- VISA Power Limited - India
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- The University of Queensland
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
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