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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, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...
Sunday, 01 January 12
IS INDIA FOLLOWING INDONESIA TO STANDARDIZE COAL PRICES TO GET MAXIMUM BENEFITS?
COALspot.com - Coal India limited, an Indian state owned and world largest coal producer has introduced gross calorific value (GCV) based pricing me ...
Saturday, 31 December 11
GLOBALCOAL NEWC INDEX SURGED 2.32 PERCENT
COALspot.com - globalCOAL index in Newcastle Port, benchmark for Asian market, ended substantially higher, surged 2.32 percent to US$115.47 per ...
Saturday, 31 December 11
BORNEO LUMBUNG TO BUY BUMI STAKE, SWAP CEO - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading english news paper in Indonesia reported yesterday, shareholders of Indonesian coking coal miner Borneo Lumbun ...
Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should re ...
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- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Minerals Council of Australia
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Economic Council, Georgia
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
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