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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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Saturday, 28 May 11
GOLDEN MINES IPO AT RP 2,300 - RP 3,500
Coal miner PT Golden Energy Mines, a wholly owned subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) which is controlled by Indonesian businessman ...
Friday, 27 May 11
LARGER DRY BULK CARRIERS LEAD BDIS RALLY THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Larger dry bulk vessels have kept on leading the market’s rise this week, with the BDI (Baltic Dry Index) rising by a more than healthy 3.43% ...
Wednesday, 25 May 11
70 PERCENT OF HARUMS PRODUCTION SOLD - BISNIS INDONESIA
Coal producer PT Harum Energy Tbk claimed that out of this year's total production target of 10 million tons, 70% or 7 million tons had been sold, ...
Wednesday, 25 May 11
MINERS BACK GOVT PLAN TO FREEZE MINING PERMITS - THE JAKARTA POST
Indonesian coal miners hailed the government’s decision to impose a moratorium on the issuance of new mining permits, saying the freeze would ...
Wednesday, 25 May 11
DRY BULK MARKET ENTERS WEEK ON A HIGH NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has managed to end its downward trend of the past few weeks and surge back on higher ground. Yesterday, the Baltic Dry Index (BD ...
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- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- London Commodity Brokers - England
- The University of Queensland
- Tamil Nadu electricity Board
- Australian Coal Association
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- PTC India Limited - India
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
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