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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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Thursday, 24 February 11
SUPRAS ARE FIXED AT CLOSE TO 10K FOR TRIPS VIA INDONESIA TO INDIA WITH COAL - FEARNBULK
Handy
After a short lived surge in rates the Atlantic market has flattened out due to too many spot vessels. The USGulf has cooled down somewhat f ...
Wednesday, 23 February 11
LIMITED AVAILABILITY OF COAL COULD TRIP MEGA POWER PLANT - THE ECONOMIC TIMES
The Economic Times, an Indian leading news paper reported that, an acute shortage of domestic coal is threatening to destabilize new power generatio ...
Wednesday, 23 February 11
DRY BULK MARKET BACK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The two week rise of dry bulk freight rates seems to have come to a halt this week, with the industry’s benchmark, the Baltic Dry Index (BDI) lo ...
Wednesday, 23 February 11
INDONESIA NEEDS TO REVISE EXPORT BAN ON 5600 GAD COAL EXPORT - INDUSTRY
COALspot.com - The Indonesian government may be forced to revise its 2014 timeline for the proposed ban on all low quality coal exports, Patrick Han ...
Tuesday, 22 February 11
SUPRAMAX MARKET IS IMPROVING IN THE PACIFIC
BRS - A 10% rise in the BDI this week, mostly on the back of Panamax rates and improvements in the Supramax market in the Pacific. For the Capes, ra ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Xindia Steels Limited - India
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- Planning Commission, India
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- The University of Queensland
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
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