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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, 04 May 12
DEMOLITION KEY FOR DRY BULK MARKET RECOVERY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The overflow of newbuilding vessels which “spilled over” into 2012 from 2011 brought the dry bulk market to a near collapse level at the ...
Thursday, 03 May 12
DRY BULK MARKET REMAINS INACTIVE, POSTING MILD DECREASE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept retreating this week, although at a very low pace, on the back of a lull in demand. The industry's benchmark, th ...
Thursday, 03 May 12
MINERS DEMAND LEGAL CERTAINTY ON PRE-BAN INTERIM POLICY - THE JAKARTA POST
The Jakarta Post reported that, Mining companies represented by the Indonesian Mining Association (IMA) welcomed the government’s plan to impo ...
Thursday, 03 May 12
HANDY EAST COAST INDIA - CHINA AROUND USD 7000 - FEARNLEYS AS
Handy - Stable demand in the Atlantic offered good rates for the tonnage.
USG/Cont was worth USD 17500 and more. Baltic and Black Sea appeared to ...
Wednesday, 02 May 12
CHINA BLACKOUTS HIGHLIGHT PRICING POLICY WEAKNESS - FITCH
Fitch reported that, the likelihood of further electricity blackouts in China this summer underlines Fitch's view of the basic problem f ...
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- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Planning Commission, India
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- The University of Queensland
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
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