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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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Thursday, 01 March 12
BUKIT ASAM TARGETS EUROPEAN INVESTORS
COALspot.com - PT. Bukit Asam (persero) Tbk, Indonesian state owned coal miner is planning to conduct road show in Europe next week to target at Eur ...
Thursday, 01 March 12
INDO-INDIA, LARGE ECO SUPRA CAN FETCH CLOSE TO USD 9K DOP N.CHINA - FEARNLEYS AS
Handy
The Atlantic Handysize market did not see any signs for recovery this week. It is still a major lack of spot cargoes and an oversupply of pro ...
Wednesday, 29 February 12
69 MINERS AGREE TO RENEGOTIATE CONTRACTS - THE JAKARTA POST
The Jakarta Post, one of the leading English news papaer in Indonesia reported that, as many as 60 coal contracts-of-work (PKP2B) and nine non-coal ...
Wednesday, 29 February 12
PUTTING COAL GASIFICATION TO WORK
Clifford Reese of the SSOE Group looks at practical solutions for district energy leaders who wish to implement clean coal technology.
Coal fuels ...
Monday, 27 February 12
COAL MINING PROFITS TOO HIGH, SAYS GOVT - TEMPO INTERACTIVE
Tempo Interactive reported that, Energy and Mineral Resources Deputy Minister of Indonesia Widjajono Partowidagdo has criticized coal-mining compani ...
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- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Economic Council, Georgia
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Planning Commission, India
- MS Steel International - UAE
- Wilmar Investment Holdings
- White Energy Company Limited
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
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