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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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Monday, 20 February 12
COAL BOOM AND ENVIRONMENTAL CONCERN - SUNIL K KUMBHAT
COALspot.com - The dawn of the 21st century has seen a shift in the world's commercial balance of power, with the dominance of the US, Europe and J ...
Sunday, 19 February 12
THE SPOT FIXTURE RATES WERE REPORTED AT HIGH LEVELS - VISTAAR
COALspot.com - "The markets seems to holding back this week appears the momentum which picked up last week may slow down" - Capt. Reddy of ...
Sunday, 19 February 12
INDIKA ACQUIRES MULTI TAMBANGJAYA - INSIDER STORIES
Insider Stories reported that, PT Indika Energy Tbk (INDY) announced that wholly-owned subsidiaries have signed a conditional sale and purchase agre ...
Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS
Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose ...
Thursday, 16 February 12
GEARING UP FOR THE EMERGING OIL & GAS OPPORTUNITIES IN MYANMAR
Press Release - Myanmar Ministry of Energy and Centre for Management Technology (CMT) to Co-host MOGP (Myanmar Oil, Gas & Power) Summit on 28 - ...
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- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Bukit Makmur.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- The University of Queensland
- London Commodity Brokers - England
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- PTC India Limited - India
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- Planning Commission, India
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- White Energy Company Limited
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
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