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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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Tuesday, 08 March 11
US$ 8 BILLION WORTH OF INFRASTRUCTURE PROJECTS IN PIPELINE IN INDONESIA - WOOD MACKENZIE
India’s Increasing Demand for Thermal Coal Cannot Be Satisfied Without Emerging Coal Areas in Indonesia - Wood Mackenzie
At Coa ...
Tuesday, 08 March 11
INDIA'S VEDANTA TO ACQUIRE COAL MINES IN OVERSEAS
COALspot.com - India's Vedanta group is also looking at long-term off take agreements and possible acquire of coal mines overseas, the official sai ...
Tuesday, 08 March 11
MINERS SAY VALUE-ADDED LAW WILL HURT IN THE LONG RUN - THE JAKARTA GLOBE
The Jakarta Globe reported that, Government plans to require miners to give added value to their exported commodities could end up costing the count ...
Tuesday, 08 March 11
THE PANAMAX MARKET THIS WEEK FIRMED UP - BRS
Underlining the unpredictability of the current market, rates for all dry bulk segments swung up again last week. Stronger exports out of South Amer ...
Sunday, 06 March 11
THE S6 ROUTE MAY CONTINUE TO BE FIRM - VISTAAR
COALspot.com - The freight market was firm this week with all indices up. The BDI , Cape Index and Panamax index was up by almost 9 pct where as Sup ...
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- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Parliament of New Zealand
- Economic Council, Georgia
- The University of Queensland
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- Eastern Energy - Thailand
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- PTC India Limited - India
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Planning Commission, India
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Bhatia International Limited - India
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
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