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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, 27 December 10
RIO TINTO EYES AUSTRALIAN COAL MINER - RTE NEWS
Global resources giant Rio Tinto has made a $3.9 billion bid for Australian coal miner Riversdale.
RTE News reported that, Global resources giant ...
Sunday, 26 December 10
ANGLO SELLS AUSTRALIAN COAL ASSETS - BARCELONA NEWS
Barcelona News reported that, Anglo American has sold off undeveloped Australia coal assets for $577 million.
The global resources giant ha ...
Saturday, 25 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY
COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011.
The holiday season seems to have severely affected the fr ...
Friday, 24 December 10
CIL SHORTLISTS 21 FIRMS TO IMPORT 250 MT COAL - THE HINDU
The Hindu reported that, Coal India plans to import about 250 million tonnes (mt) over the next 10 years to meet the country's growing requirement. ...
Friday, 24 December 10
DRY BULK OWNERS COULD SOON RECONSIDER SCRAPPING OLDER VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market close to its lowest levels in months and indeed close to 2010 lows, ship owners could be heading towards scrapyards in a bi ...
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- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- The University of Queensland
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- MS Steel International - UAE
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Australian Coal Association
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Planning Commission, India
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Economic Council, Georgia
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
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