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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, 16 January 12
BUMA MINED 2.7 MILLION TONS COAL LAST MONTH
COALspot.com - BUMA has mined 2.7 million tons (-14.1% YoY) coal last month and removed 25.8 million bcm (-5.6% YoY) overburden, according to compan ...
Sunday, 15 January 12
THE FREIGHT MARKET CONTINUED TO BLEED - VISTAAR
COALspot.com - "The markets continued to bleed with BDI touching almost 1000 points , almost reaching the collapse of 2008 levels," said C ...
Saturday, 14 January 12
GOLDEN MINES TO SUPPLY 4 MIO TONS - INSIDER STORIES
Insider Stories reported that, Coal miner under Sinarmas Group PT Golden Energy Mines Tbk (GEMS), a subsidiary of PT Dian Swastatika Sentosa Tbk (DS ...
Friday, 13 January 12
DIFFICULT START OF 2012 FOR DRY BULK MARKET SEEN HARD TO CHANGE IN THE COURSE OF THE YEAR, UNLESS DEMOLITION PICKS UP
The dry bulk market has been on a freefall this week after a rocky start to the new year. Yesterday, the BDI (Baltic Dry Index) the industry's benc ...
Thursday, 12 January 12
DRY BULK MARKET CRASHING AT START OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept being on freefall mode yesterday, with the industry's benchmark, the BDI (Baltic Dry Index) losing a massive 5.17% on ...
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- Pipit Mutiara Jaya. PT, Indonesia
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- White Energy Company Limited
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- The University of Queensland
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
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