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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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Tuesday, 26 October 10
DRY BULK MARKET TO KEEP RISING THIS WEEK ON STRONG CHINESE IRON ORE AND THERMAL COAL DEMAND - HELLENIC SHIPPING
Overcapacitated or not, the dry bulk market keeps its positive momentum as we move forward this week, with the Baltic Dry Index (BDI) rising by 0.77 ...
Monday, 25 October 10
TWO CHINESE COMPANIES INK DEAL TO TAP AUSSIE COAL RESERVES
China Daily reportd that, two Chinese coal firms have teamed up to explore and develop coal resources in an area in Australia that has forecast rese ...
Monday, 25 October 10
DRY BULK MARKET STILL HEAVILY DEPENDENT ON CHINA, POSTS SMALL WEEKLY LOSS OF 1.27% - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With every twitch and turn from China’s metals industry, the dry bulk market is disproportionally affected, as evidenced by the course of the ...
Sunday, 24 October 10
SUPRAMAX VESSELS BEING FIXED AROUND $ 15 K PER DAY DELIVERY N. CHINA FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SHIPPING
COALspot.com: The freight market this week remained almost at same levels with not much change. However the Far East/SE Asia market was quite soft w ...
Saturday, 23 October 10
HEAVY RAINS NO DAMPENER FOR 2010 COAL OUTPUT TARGET, MINISTRY SAYS - THE JAKARTA GLOBE
The Jakarta Globe reported that, National coal production would likely meet the target set by the Energy Ministry despite unusually heavy rain this ...
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- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- The University of Queensland
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Planning Commission, India
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
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