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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, 16 December 10
LANCO BAGS AUSTRALIAN COAL MINER GRIFFITH - DNA
As part of its strategy to secure coal supplies for meeting its needs in expanding power generation capacities, infrastructure major Lanco Infratech ...
Thursday, 16 December 10
COAL INDIA IN TALKS WITH INDONESIAN CO TO BUY ITS COAL MINES - APN NEWS
APN News reported that, World’s largest coal producer Coal India is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines i ...
Wednesday, 15 December 10
GOVT SETS NEW MINIMUM LEVEL FOR DOMESTIC MARKET SALES - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal producers are required to sell at least 24.17 percent of their production to the domestic market nex ...
Wednesday, 15 December 10
CAPESIZE RATES ARE NOW AT THEIR LOWEST LEVEL SINCE AUGUST
It was a repeat performance for the market this week, with another increase in earnings for the small sizes but a sharp drop for the Capes. Overall ...
Wednesday, 15 December 10
LARGE ORDERBOOK TO HINDER 2011 DRY BULK MARKET REBOUND DESPITE INCREASED DEMAND SAYS PARAGON SHIPPING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A large orderbook which currently stands at 53% of the existing fleet is expected to render 2011 another challenging year for the dry bulk marke ...
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- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Posco Energy - South Korea
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- PTC India Limited - India
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
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