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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, 31 August 10
CIL MAY SET UP POWER PLANT TO UTILIZE EXCESS COAL
The Economic Times reported that, the world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the countr ...
Tuesday, 31 August 10
NALCO SEEKS STAKES IN INDONESIAN COAL MINES
Economic Times reported that, National Aluminium Co. Ltd said on Tuesday it wants to buy stakes in Indonesian coal mines to secure supplies fo ...
Tuesday, 31 August 10
CAPESIZE RATES ON VOLATILE MOVEMENT
With Monday a holiday for London’s stockmarket (Bank Holiday), the dry bulk market took a breather before presenting ship owners and charterer ...
Monday, 30 August 10
MUNDRA PORT BEGINS OPERATIONS AT NEW TERMINAL IN GUJARAT
Economic Times reported that, Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company s ...
Monday, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...
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- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- PTC India Limited - India
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- The University of Queensland
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- MS Steel International - UAE
- Australian Coal Association
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
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