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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, 04 April 12
CHURCHILL MINING TO ACCELERATE INTERNATIONAL ARBITRATION AGAINST INDONESIA
Churchill Mining plc (AIM: CHL), advises that notations on the Indonesian Supreme Court's register of cases shows the Supreme Court has rejected th ...
Monday, 02 April 12
BANGLADESH EYEING INDONESIA FOR COAL
COALspot.com - The high level executives of Center for Environmental and Geographic Information Services (CEGIS) of Bangladesh is visiting Ind ...
Monday, 02 April 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first quarter of the New Year ended with the BDI standing 42% above from the 26 years’ bottom low of 662 points on February 1st, and a pos ...
Saturday, 31 March 12
THE BDI CONTINUED TO MOVE UPWARD - VISTAAR
COALspot.com - The BDI continued to move upward and rose by 2.86 pct closing at 934 points.
The cape index was up by 3.14 pct closing at 1,412 po ...
Saturday, 31 March 12
SRI LANKA IMPORTS 152,555 MT OF INDONESIAN COAL IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, shipped 27.126* million tons of coal in February 2012, compared to 28.21* million to ...
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- Intertek Mineral Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Central Electricity Authority - India
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- The University of Queensland
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Planning Commission, India
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
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