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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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Wednesday, 16 November 11
TAX OFFICE VOWS TO CRACK DOWN ON COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry’s Directorate General of Taxation says that it will strengthen its supervision of coal mi ...
Wednesday, 16 November 11
A STRONG WEEK FOR THE CAPES - BRS
A sharp bounce by the Cape market pushed the BDI up by 3% last week. This was despite a softening in the other indices with the Panamax, Supramax an ...
Monday, 14 November 11
BORL SEEKS 660K MT OF LOW SULPHUR COAL
COALspot.com - BORL India has issued a tender for around 660,000 MT of 4500 - 5500 kcal/kg sub-bituminous Coal.
Bharat Oman Refineries Ltd ...
Sunday, 13 November 11
BUNKER PRICES REMAINED FIRM
COALspot.com - The market seemed to recover this week with the BDI and Cape Index up.
The BDI was up by only about 2.86 pct closing at 1835 point ...
Saturday, 12 November 11
COALINDO ENERGY LAUNCHED INDEX FOR 3400 GAR COAL
COALspot.com - PT Coalindo Energy, in cooperation with Argus Media Limited, launched the coal index for low-rank coal with a calorific value of 3,40 ...
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- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Sical Logistics Limited - India
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Parliament of New Zealand
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