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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, 20 July 11
ANTWERP RECEIVES THE CAPESIZE MG COURAGE
The deepening of the Western Scheldt has made the port of Antwerp easily accessible not only to Ultra Large Container Ships of over 10,000 TEU but a ...
Wednesday, 20 July 11
KALIMANTAN GOLD APPOINTS COMMISSIONER TO SUBSIDIARY
Kalimantan Gold Corporation Limited has announced the appointment of Dr. Bambang Setiawan as Commissioner (a senior advisor) to the Board of PT Kali ...
Wednesday, 20 July 11
CHALLENGER GETS TABANG PROJECT IUP PERMIT
COALspot.com - Challenger Deep Resources Corporation has been getting exploration permit or Izin Usaha Pertambangan (IUP) for its Tabang coal in Eas ...
Wednesday, 20 July 11
TCM COAL PROJECT IN SOUTH KALIMANTAN MOVES TO FINAL FEASIBILITY STUDY
COALspot.com - Pan Asia Corporation Ltd has executed a formal agreement with an underground mining group KOPEX to undertake a final feasibilit ...
Wednesday, 20 July 11
DRY BULK MARKET KEEPS ON FALLING ON SOFTENING CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated to lower ground on Tuesday, as the industry’s benchmark, the BDI (Baltic Dry Index) fell to 1,330 points, down b ...
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- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- The University of Queensland
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
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