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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, 13 March 11
COAL NO LONGER A CHEAP ENERGY SOURCE - THE SUNDAY LEADER
The Sunday Leader reported that, the addition of power generated through coal power to the country’s national grid was initially expected to r ...
Sunday, 13 March 11
THE FREIGHT MARKET SEEMS WILL BE FIRM FOR MARCH AND APRIL - VISTAAR
COALspot.com - The freight market continued to rise with the BDI crossing 1500 points and the cape size index up by 32 pct and all other segments al ...
Friday, 11 March 11
THE HANDY MARKET IS QUITE VOLATILE
Handy
Lacklustre week as the USG is the only bright light with high volumes of petcoke/coal into the Med (paying mid 20´s bss aps USG). Litt ...
Thursday, 10 March 11
DRY BULK MARKET SHOWING SIGNS OF STRONGER RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market jumped by 3.37% yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI), moving up to 1,472 points, levels no ...
Wednesday, 09 March 11
INDONESIA HAS SET THE MARCH 2011 INDONESIAN COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.43 PER TON
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the March 2011 Indonesian Coal Reference Price for thermal c ...
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- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- White Energy Company Limited
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
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