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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, 15 July 10
IRON ORE PRICING MECHANISMS PUT ON THE SPOT
THE new iron ore pricing mechanisms that killed off the annual benchmark system are coming under pressure. The spot price of the steel feed has fall ...
Thursday, 15 July 10
NTPC TO PURSUE COAL MINE ACQUISITION IN AUSTRALIA, INDONESIA - BUSINESS STANDARD
Business-Standard reported that, NTPC, the India’s largest power producer, has set the ball rolling to acquire coal mines or form joint ventur ...
Wednesday, 14 July 10
SUCCESSFUL COMMISSIONING OF GTLE LOW RANK COAL UPGRADING PLANT
COALspot.com: GTL Energy Ltd (GTL Energy) announced that construction and commissioning of its proprietary ‘first-of-a-kind’, low rank c ...
Tuesday, 13 July 10
BUMI TO PRODUCE MORE THAN 67 MILLION TONS OF COAL IN 2010
COALspot.com: Bumi resources, Indonesia’s largest coal producer has previewed its operating results in KPC/Arutmin for Jan – Jun 2010. A ...
Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
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- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Vedanta Resources Plc - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- VISA Power Limited - India
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- The University of Queensland
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Economic Council, Georgia
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Australian Coal Association
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Sakthi Sugars Limited - India
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
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