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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, 05 December 11
THE DECEMBER HBA FELL 11% FROM ITS PEAK AT US$127.05 PER TON IN FEBRUARY 2011
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has sets the December 2011 coal reference price at US$ 112.67 per ton US$ 3.98 ...
Monday, 05 December 11
SGX LAUNCHED IHS MCCLOSKEY/XINHUA INFOLINK OTC CFR SOUTH CHINA COAL CONTRACT TODAY
COALspot.com - In order to meet the demand of the coal industry for an effective coal hedging tool with counterparty credit risk mitigation facility ...
Monday, 05 December 11
DRY BULK RATES LOOKING TO EXTEND GAINS THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize dry bulk carrier owners have had a great week, with rates rising for six straight sessions (including the end of the week before that). As ...
Sunday, 04 December 11
SUPRAMAX TRIPS VIA INDONESIA WERE REPORTED AROUND $ 7500 - 8000 PD
COALspot.com - The BDI and Cape index recovered this week. The BDI was up by 3.26 pct and Cape index saw a big jump and closed at 3409 points (up by ...
Saturday, 03 December 11
BORNEO TO SPEND US$600 MIO CAPEX - INSIDER STORIES
Insider Stories reported that, Coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN) plans to spend US$600 million capital expenditure ( ...
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- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Australian Coal Association
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Parliament of New Zealand
- MS Steel International - UAE
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
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