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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, 10 April 11
SOFT FREIGHT MARKET TREND LIKELY TO BE CONTINUED - VISTAAR SHIPPING
COALspot.com - The freight market continued to soften further with the BDI breaking the 1,500 points and closing at 1376 points down by almost 10 pc ...
Thursday, 07 April 11
HANDY RATES SLIDING NOW - FEARNBULK
Handy
Slowly softening rates as more tonnage is accumulating in the Atlantic basin.The trans-Atlantic round is around $15k pd with trips to ...
Thursday, 07 April 11
DRY BULK MARKET PLUNGING EVEN FURTHER ON LOW CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its falling pattern this week, with every day proving to be painful for ship owners, especially those of the large ...
Thursday, 07 April 11
INDIKA BUYS MITRABAHTERA AT US$ 0.183
PT Indika Energy Tbk (INDY), integrated energy company, today has exercised an option agreement to acquire 51% shareholding in newly listed coal tug ...
Wednesday, 06 April 11
FORBES & MANHATTAN COAL ANNOUNCES SIGNIFICANT OFF TAKE AGREEMENT
Steady Cash Flow Will Fund Production Ramp Up
Forbes & Manhattan Coal Corp., ("Forbes Coal" or the "Company") is a produc ...
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- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- PTC India Limited - India
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Indian Energy Exchange, India
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Australian Coal Association
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
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