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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, 09 September 10
DRY BULK MARKET IS LOOKING TO INCREASE GAINS ON OCTOBER IRON ORE CONTRACTS
The “success” story that the dry bulk market has been displaying during the past couple of weeks is being materialized as we head toward ...
Tuesday, 07 September 10
INDIA IMPORTS 1.63 MLN T OF COAL FOR THE PERIOD 30 AUGUST - 5 SEPTEMBER - SOURCES
COALspot.com: India has imported 1.07 million tons of power plant coal, 0.520 mln tons of coking coal and around 41,000 mt of Anthracite coal for th ...
Tuesday, 07 September 10
GOVERNMENT DECLARED INDONESIAN COAL PRICE REFERENCE DECLINE FOR THIRD-STRAIGHT MONTH
COALspot.com: Indonesian thermal coal price reference, a monthly benchmark price declared by Ministry of Energy and mineral resources of Repub ...
Tuesday, 07 September 10
MERCATOR TO BUY COAL MINE IN INDONESIA THIS FISCAL
Mercator Lines, India’s second-largest shipping company which has diversified into coal mining, will buy a coal mine in Indonesia with more th ...
Monday, 06 September 10
DRY BULK MARKET GAINS 6.05% ON WEEK, BOOSTED BY CAPESIZE VESSELS
The dry bulk market is looking to capitalize last week’s gains of more than 6 percent in this week, as the capesize segment seems to be on a h ...
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- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- London Commodity Brokers - England
- White Energy Company Limited
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
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