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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, 12 August 10
ETA STAR INDIA PUTS FORWARD COAL MINING PLAN FOR TETE, MOZAMBIQUE, IN 2011
ETA Star India Projects Pvt, which is carrying out coal prospecting and surveying work in the Moatize coal region, in Tete province, will present it ...
Thursday, 12 August 10
SUPRAS WERE FIXED IN THE MID/HIGH TEENS FOR INDO-INDIA TRIPS - FEARNBULK
Handy
Activity is gradually picking up in the Atlantic with more enquiries seen for short period tonnage for the end of August. With the grain sea ...
Thursday, 12 August 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 94.86 FOR AUGUST 2010 SUPPLIES
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Wednesday, 11 August 10
BRAZILIAN GIANT VALE LOOKING TO BOOST ITS COAL OUTPUT
BRAZILIAN mining giant Vale is not content with being the world's largest iron ore miner. The miner is banking on ambitious growth plans to see it ...
Wednesday, 11 August 10
CAPESIZE MARKET ON RECOVERY MODE
The dry bulk market, usually dormant in August, has returned on a high note this week, after last week’s gains. Monday proved to be rather buo ...
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- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Bhatia International Limited - India
- Aditya Birla Group - India
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Standard Chartered Bank - UAE
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
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