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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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Saturday, 12 November 11
BBJ WILL RELEASE A COAL CONTRACT
Jakarta Futures Exchange will soon release a coal futures contracts during the quarter 1 / 2012.
Director of the Jakarta Futures Exchange (BBJ) S ...
Saturday, 12 November 11
DRY BULK MARKET REGAINS SOME OF THE LOST GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market managed to edge forward yesterday, putting an end and halting the losses accumulated over the course of the past weeks, which ha ...
Friday, 11 November 11
PETROCOM ENERGY PLANS $40M TO BUILD COAL PLANT IN CILEGON - JP
The Jakarta Post reported that, Hong Kong-based Petrocom Energy Ltd has unveiled plans to invest up to US$40 million on a proposed coal-blending fac ...
Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT ...
Thursday, 10 November 11
INDONESIAN REFERENCE COAL PRICE FELL AGAIN
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the November 2011 Indonesian Coal Reference Price for thermal coal at U ...
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- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
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- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- PTC India Limited - India
- Kumho Petrochemical, South Korea
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- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
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- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
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- Sinarmas Energy and Mining - Indonesia
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- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
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- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
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- Globalindo Alam Lestari - Indonesia
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- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
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- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Chettinad Cement Corporation Ltd - India
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- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
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