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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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- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- McConnell Dowell - Australia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- The University of Queensland
- Gujarat Sidhee Cement - India
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Anglo American - United Kingdom
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- White Energy Company Limited
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
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