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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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Monday, 28 May 12
COAL EXPORTS ARE JUMPING HIGHER, BUT PRICES ARE FALLING LOWER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31.86* million tons of coal in April 2012, compared to 30.64* million tons i ...
Sunday, 27 May 12
THE FREIGHT MARKET FROM INDONESIA TO INDIA WAS WEAK - VISTAAR
COALspot.com - The BDI continued to fall for the fourth straight week and the BDI fell by 9.38 pct this week closing at 1,034 points.
The Cape Si ...
Sunday, 27 May 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS HEADING TO SOUTH DIRECTION
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries have dropped this week by 5.43 percent an ...
Saturday, 26 May 12
DRY BULK SHIP OWNERS LOOKING TO CUT BACK ON TONNAGE SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The oversupply of dry bulk carriers has been the most prominent problem in the market today, pushing down rates and ‘strangling’ profita ...
Thursday, 24 May 12
DRY BULK MARKET RETREATS ON LACK OF CHINA DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated yesterday on the back of lower Chinese demand for commodities such as coal and iron ore, typically hauled by dry bulk ...
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- MS Steel International - UAE
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- Australian Coal Association
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
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