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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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Friday, 25 June 10
INDIAS THIRD-LARGEST SHIPPING COMPANY BAGS US$ 31 MILLION DEAL WITH SL
Daily Mirror reported that, Mainboard-listed and India-owned dry bulk shipping firm Mercator Lines says it has won a US$ 31 million contract in Sri ...
Friday, 25 June 10
DEMAND FOR COAL COULD BE GRADUALLY RETURNING - FEARNBULK
Handy
Atlantic markets seeing more activity today (23 June 2010) after a slump the last weeks. Supramax vessels open in USG are achieving low/mid ...
Thursday, 24 June 10
INDONESIAS BUMI DECLARED US$ 57.1 MILLION (AMOUNTING TO 30% OF 2009 NET INCOME) AS DIVIDEND
COALspot.com: PT Bumi Resources, Tbk’s Annual General Meeting (AGM) today was successfully held with a quorum of 75.89% resulting in sharehold ...
Thursday, 24 June 10
CHINA TARGETS 3.6 BILLION MT ANNUAL COAL OUTPUT FOR 2015
At a forum in Beijing entitled "Chinese energy strategy and energy development in the 12th five-year plan period (2011-2015)", He Youguo, ...
Thursday, 24 June 10
DRY BULK MARKET AT LOWEST POINT IN EIGHT MONTHS
The dry bulk market’s demise has failed to turn around so far this week, with the industry’s benchmark, the Baltic Dry Index (BDI), yest ...
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- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- VISA Power Limited - India
- London Commodity Brokers - England
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- PTC India Limited - India
- The University of Queensland
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Planning Commission, India
- GMR Energy Limited - India
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Australian Coal Association
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
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