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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, 03 August 12
INDIA - LIGHTS OUT! - SALVA
The Indian power sector hit global headlines this week for all the wrong reasons. Firstly, on Monday, over 350 million people lost power across nort ...
Thursday, 02 August 12
OIL & GAS COMPANIES TO MEET IN MYANMAR FOR UPDATES ON NEW ROUND OF BIDDING AND INVESTMENT POTENTIAL IN UPSTREAM OIL, GAS, AND POWER GENERATION
Press Release - 2nd MOGP Summit (Myanmar Oil, Gas & Power) will convene in Yangon from 3 – 6 September 2012, to unveil new round of biddin ...
Thursday, 02 August 12
DRY BULK MARKET RATES CONTINUE SLUMP AMID SLOWER DEMAND NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on its downward path Wednesday, as the BDI (Baltic Dry Index) kept retreating to new lows. The index was down by 2.12 perce ...
Monday, 30 July 12
DRY BULK MARKET TO REMAIN UNDER PRESSURE FOR THE REST OF 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In an interview with Hellenic Shipping News Worldwide, Mr. Yannis Pachoulis, President of the Hellenic Shipbrokers' Association, remains cautiously ...
Sunday, 29 July 12
FREIGHT MARKET MOMENTUM CONTINUES TO WEAK
COALspot.com - The freight market continued to soft this week with all the segments dropped and the BDI fell below 1,000 points and closed at 933 po ...
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- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Parliament of New Zealand
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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