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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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Monday, 21 February 11
CHURCHILL MINING RECEIVES SIGNIFICANT INTEREST, PROPOSALS TO DEVELOP EAST KUTAI COAL PROJECT - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining has received a number of specific proposals to fund and develop its massive East Kutai coa ...
Monday, 21 February 11
ABOLISH 5% DUTY ON COAL IMPORTS: SHINDE
Indian Express reported that, with acute coal shortage of domestic coal threatening to destabilise its power generation plans, the power ministry ha ...
Saturday, 19 February 11
THE FREIGHT MARKET EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market was quite firm this week with freight rates in South east asia and India/Feast almost up by 30 pct.
However towards end ...
Thursday, 17 February 11
COAL-GEN EUROPE 2011 REAFFIRMS THE IMPORTANCE OF COAL
Press Release: The third COAL-GEN Europe conference and exhibition, kicked off on Tuesday 15 February, with leading experts, professionals and compa ...
Thursday, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK
Handy
Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requ ...
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- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- The University of Queensland
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
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