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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, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...
Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...
Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...
Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...
Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...
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- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Bhatia International Limited - India
- India Bulls Power Limited - India
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- The University of Queensland
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Antam Resourcindo - Indonesia
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
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