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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, 17 August 10
HANDIES AND SUPRAS WOKE UP AGAIN AFTER SEVERAL WEEKS OF LETHARGY - BRS
A spectacular increase in Cape size rates pushed the BDI up more than 20% this week, with demand for prompt tonnage in the Pacific causing a major s ...
Monday, 16 August 10
INDIA'S TNPL TO SUPPORT TNEB WITH COAL SUPPLIES
COALspot.com: TNPL to award 300,000 MT of coal supply contract to Nehel General Trading of India. Tamil Nadu state undertaking , Tamil N ...
Monday, 16 August 10
INDONESIA'S PLN SECURED COAL SUPPLIES, LESS IMPACT BY RAINS
COALspot.com: Indonesian State Electricity Company, PT Perusahaan Listrik Negara (PLN), has secured coal supplies for all of its power plants except ...
Sunday, 15 August 10
THE FREIGHT MARKET IS EXPECTED TO REMAIN FIRM - CAPT REDDY
COALspot.com: The BDI rose by almost 22 pct despite peak holiday season which is usually quite market , where as the BCI up sharply by 46 pct which ...
Saturday, 14 August 10
INDONESIAN THERMAL COAL PRICES EXPECTED TO MOVE UP IN SEPTEMBER 2010 - CHAIRMAN ICMA
COALspot.com: Indonesian Coal Mining Association is expecting, the Indonesian and international coal prices will increase, and will be reached ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- White Energy Company Limited
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Planning Commission, India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Jorong Barutama Greston.PT - Indonesia
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