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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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Friday, 01 April 11
DRY BULK MARKET WEAKENS ON SLOWER DEMAND, HOPES FOR MID-TERM REBOUND ON JAPANS RECONSTRUCTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected in the Baltic Dry Index (BDI) retreated for a third day yesterday, after staying flat on Monday, to end at 1,530 p ...
Wednesday, 30 March 11
CHALLENGER SIGNS OPTION AGREEMENTS TO PURCHASE FOUR COAL PROJECTS IN INDONESIA
Challenger Signs Three Exclusive Option Agreements to Purchase Four Coal Projects in East Kalimantan, Indonesia
Challenger Deep Resources Corp.ha ...
Wednesday, 30 March 11
KPCL TO IMPORT ONE MILLION TONS OF 6300 GAD COAL
COALspot.com - Karnataka Power Corporation a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 Kcal/kg ...
Wednesday, 30 March 11
WIKA GRABS PROJECT FROM ADARO INDONESIA - INSIDER STORIES
One of Indonesia's largest thermal coal PT Adaro Indonesia has finally mandated PT Wijaya Karya Tbk (WIKA) as a contractor to install and manage ov ...
Tuesday, 29 March 11
JAPAN FACTOR RIPPLING THROUGH THE SHIPPING MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the world watching the latest developments regarding the nuclear crisis in Japan and the devastating effects of the recent tragedy that struck ...
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- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Australian Coal Association
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Grasim Industreis Ltd - India
- The University of Queensland
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Mjunction Services Limited - India
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
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