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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, 04 February 11
ADARO ENERGY FY10 COAL SALES UP 6 PERCENT TO 43.84 MILLION
As reported by insider stories, Indonesian coal miners PT Adaro Energy Tbk has produced 42.20 million tons of coal in 2010, a 4 percent increase com ...
Thursday, 03 February 11
MERCATOR LINES TO INVEST RS 200-250 CRORE ON COAL MINE IN INDONESIA - ECONOMIC TIMES
Economic Times reported that, Mercator Lines, the HK Mittal-controlled shipping-to-mines major, will invest about 200-250 crore (US$ 43.825 - 54.781 ...
Thursday, 03 February 11
DRY BULK MARKET LOOKS SET TO BOTTOM OUT NIKOS - ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market having lost more than 72% of its value in the last month or so and having retreated to a 2-year low, it seems that the bott ...
Wednesday, 02 February 11
INDONESIA MAY MISS COAL EXPORT TARGET IN 2011
COALspot.com - Indonesian Trade ministry has instructed independent surveyors temporarily not to issue pre-shipment survey report (LS) to the compan ...
Wednesday, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...
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- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- ICICI Bank Limited - India
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
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