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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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Wednesday, 18 April 12
INDONESIA TO INTRODUCE EXPORT DUTY ON MINERAL ORES BY 6 MAY 2012
The Indonesian government is scheduled to issue regulation on export duty for minerals before May 6, 2012.
According to Bisnis Indonesia, as quot ...
Sunday, 15 April 12
THE SPOT FIXTURE RATES FOR SUPRAMAX IN SE ASIA SAW SOME SOFTENING OF CHARTER RATES - VISTAAR
COALspot.com - The market seem to be holding and except for Supramax and handy size index all other index was up with BDI up by 4.74 pct closing at ...
Friday, 13 April 12
MINERS OPPOSE GOVTS EXPORT TAX PLAN - THE JAKARTA POST
The Jakarta Post reported that, Indonesian mining companies have strongly protested the government’s plan to impose a 25 percent export tax on ...
Friday, 13 April 12
S&P CAUTIONS AGAINST NEW INDONESIAN MINING REGULATIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Investors may have expressed concerns about looming new mining regulations, but ratings agency Standard & Poor& ...
Thursday, 12 April 12
FIRST QUARTER OF 2012 SAW AN ADDITIONAL 24.2 MILLION DWT OF DRY BULK CARRIERS ENTERING THE FLEET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The inflow of newbuilt dry bulk vessels was larger than expected in the first quarter of 2012. As much as 24.2 million DWT were added to the fleet. ...
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- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- White Energy Company Limited
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Australian Coal Association
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Planning Commission, India
- GMR Energy Limited - India
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