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