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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, 17 April 11
ADARO TO PROPOSE US$75 MILLION DIVIDEND
COALspot.com - One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) is keen to propose a final dividend of US$75 million or Rp 20.17 (U ...
Saturday, 16 April 11
TNPL RECEIVES 1.6MT OF COAL OFFERS - SOURCES
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its 160,000 MT coal inquiry today.
More than a half a dozen of Indian coal t ...
Friday, 15 April 11
DRY BULK MARKET KEEPS ON FALLING, ON LOW DEMAND AND HIGH SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its falling patern this week, with the industry’s benchmark, the Baltic Dry Index (BDI) retreating again yesterda ...
Thursday, 14 April 11
SUPRAS IN N.CHINA GET CLOSE TO $12000 FOR TRIPS VIA INDONESIA TO INDIA - FEARNBULK
Handy
The Atlantic market remains flat - very little new/fresh business and slow activity. Considerable prompt tonnage remains unfixed. The USG pa ...
Wednesday, 13 April 11
CAPESIZE VESSELS ARE DELIVERED AT A PACE OF ONE NEW VESSEL EVERY SECOND DAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a clear sign that it will take a significant rise in global seaborne dry bulk trade in order to be able to absorb the flurry of new building tonn ...
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- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- VISA Power Limited - India
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