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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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Thursday, 15 December 11
DRY BULK RATES TO REMAIN AT CURRENT LEVELS FOR THE MOST PART IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest research note, BIMCO said that the Capesize Time Charter Average will remain at USD 20,000-30,000 per day but the tonnage oversupply w ...
Wednesday, 14 December 11
MINER TOBA BARA SEJAHTRA PLANS IPO IN 1ST HALF OF 2012 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Coal miner Toba Bara Sejahtra is aiming high next year, hoping to capitalize on renewed bullish sentiment in the lo ...
Wednesday, 14 December 11
TIMAH PLANS TO BOOST ITS COAL PRODUCTION TO TWO MILLION TONS PER ANNUM - SOURCES
COALspot.com - Timah plans to boost its coal production to two million tons per annum. The company also expects to acquire coal concession with mini ...
Wednesday, 14 December 11
BORNEO RESOURCE INVESTMENTS LTD. FINALIZES ACQUISITION OF INTEGRA PRIMA
COALspot.com - Borneo Resource Investments Ltd., announced that it has finalized the acquisition of an additional 1,300 hectare coal mining concessi ...
Tuesday, 13 December 11
BERAU COAL SCOUTS US$1.61 BIO SALES - INSIDER STORIES
Insider Stories reported that, coal mining company PT Berau Coal Energy Tbk (BRAU), that is 85% owned by London-listed company Bumi Plc, estimates a ...
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- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Makarim & Taira - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Planning Commission, India
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Uttam Galva Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Parliament of New Zealand
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
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