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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, 07 May 11
SUPRAMAXES ARE AT AROUND $ 13,500-14,000 PER DAY FOR SINGLE TRIPS
COALspot.com - The freight remained fairly steady this week with the BDI up by 71 points and closing at 1,340 points, said Capt. Reddy, the director ...
Saturday, 07 May 11
COAL PRODUCTION MAY REACH 95M TONS IN SECOND QUARTER - THE JAKARTA POST
The Jakarta Post reported that, Indonesian miners are projected to produce around 95 million tons of coal in the second quarter of this year after l ...
Friday, 06 May 11
BUKIT ASAM TO CLOSE COAL TAKEOVER IN Q2 - INSIDER STORIES
The state-controlled PT Tambang Bukit Asam Tbk (PTBA) expects to complete acquisition of two coal mining companies from four companies which is now ...
Thursday, 05 May 11
SUPRAS IN NORTH CHINA ARE GETTING CLOSE TO $ 13K FOR INDO-INDIA
Handy
The Atlantic market is stable/flat with positive undertone meaning more enquiries hitting the market today. Lack of prompt vessels. Trips to ...
Thursday, 05 May 11
PANAMAXES LEAD DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark, the Baltic Dry Index (BDI) managed to edge higher yesterday, rising by 1.81% to 1,292 points, in the first po ...
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- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- The University of Queensland
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Bhatia International Limited - India
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Planning Commission, India
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Parliament of New Zealand
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
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