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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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- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
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