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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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Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
Saturday, 04 February 12
SUPRAMAX DELIVERY SOUTH CHINA FOR TRIPS VIA INDONESIA WERE REPORTED AROUND $ 6,000 PER DAY - VISTAAR
COALspot.com - The markets continued to soften which dropped by almost 11 pct and BDI closing at 647 points.
The drop in BDI was mainly due to dr ...
Thursday, 02 February 12
NO RELIEF YET FOR DRY BULK SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although at the start of 2012 nobody can claim that the global seaborne trade has suddenly come to a halt, quite the contrary, it seems that the dry ...
Wednesday, 01 February 12
KRISHNAPATNAM PORT - GOING DEEP TO SOAR HIGH
COALspot.com - Krishnapatnam Port now rightfully claims as the deepest draft port in India, as it has started accepting vessels with maximum permiss ...
Wednesday, 01 February 12
IN JAMBI, MOST MINING COMPANIES LACK 'CLEAR-AND-CLEAN' PERMITS - JP
More than three-quarters of the 386 mining companies in Jambi lack “clear-and-clean” certifications from the government, according to an ...
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- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Australian Coal Association
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Independent Power Producers Association of India
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
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