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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, 20 September 10
MMTC SEEKS TO BUY 1.3 MT OF COAL FOR INDIA UTILITIES - SXCOAL
MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million tonnes of coal to feed power plants run ...
Monday, 20 September 10
KANGAROO RESOURCES SIGNS PARTNERSHIP WITH ASEAMCO FOR INDONESIAN COAL ASSETS - PROACTIVE INVESTORS
International coal producer Kangaroo Resources (ASX: KRL) has completed a new three-year agreement with Australian mining consultants ASEAMCO to del ...
Monday, 20 September 10
ICVL LOOKS FOR COAL ASSETS IN UZBEK, INDONESIA, AUSTRALIA - ECONOMIC TIMES
Economic Times reported that, International Coal Ventures, or ICVL, the special purpose vehicle floated by five state-owned firms to scout for coal ...
Monday, 20 September 10
IRON-ORE SHIPPING DEMAND MAY GAIN ONCE CHINA STEEL CUTS FINISH, SSY SAYS
Demand to transport iron ore may rebound once China ends steel-production cuts and steel prices may gain in the next several months because of the r ...
Saturday, 18 September 10
ECI / CHINA FREIGHT ROUTE DOWN BY 1.22 PCT OR US$ 225 PER DAY AND CLOSED AT US$ 18,123 PER DAY - VISTAAR
COALspot.com: The BDI was under pressure this week and was almost down by 11 pct and closed at 2676 points.
The Cape and Panamax index was almost ...
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- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Planning Commission, India
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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