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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, 11 April 12
TWO PERCENT OF IBP CONCESSION CONTAINS 42 MMT OF COAL
COALspot.com - 42.35 million ton of coal found in just 2% of PT Insani Bara Perkasa’s total concession area of 24,477 hectare.
Accord ...
Wednesday, 11 April 12
DRY BULK MARKET STILL SUBDUED, RECOVERY NOT YET SEEN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market entered the new week after the past days of easter holidays in western countries in a subdued mood. The industry’s benchma ...
Monday, 09 April 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first week of April ended with the Baltic Dry Index falling below 950 points, before Catholic Easter, and capesizes showing a modest upturn with ...
Sunday, 08 April 12
CHARTER RATES COULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI was almost at same levels closing slightly lower by 0.64 pct at 928 points.
The Cape index was up by 6.73 pct closing at ...
Friday, 06 April 12
INDONESIAN HBA FALL TO LOWEST LEVEL SINCE JANUARY 2011
COALspot.com - Indonesian HBA fall to lowest level since January 2011 this month. The monthly coal reference price for coal sales in April fal ...
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- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Romanian Commodities Exchange
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
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