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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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Sunday, 10 July 11
DRY BULK MARKET SHOWING SIGNS OF IMPROVEMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Stronger Capesize demand has helped propel the dry bulk market forward this week, with the Baltic Dry Index (BDI) ending yesterday’s session u ...
Sunday, 10 July 11
INDONESIAN BAYAN RESOURCES TO SUPPLY 100 MILLION TONS OF COAL TO INDIAN UNIVERSAL SUCCESS ENTERPRISES LIMITED
Coal miner PT Bayan Resources Tbk (BYAN), that is owned by Dato' Low Tuck Kwong, has entered into a conditional sales and purchase agreement to sup ...
Thursday, 07 July 11
BELOW 5100 COAL WILL BE BANNED FOR EXPORT BY 12 JANUARY 2014
COALspot.com - Indonesian government is in the process of drafting an amendment for government regulation 23/ 2010.
GR 23/2010 has issued to sup ...
Wednesday, 06 July 11
ATLAS RESOURCES TO OFFLOAD 17 PERCENT IPO - INSIDER STORIES
Coking and thermal coal miner PT Atlas Energi Resources aims to offload 17percent new shares of its enlarged capital after Eid-Fitri holidays, as qu ...
Tuesday, 05 July 11
UNTR REVISES UP SALES TO 7,500 UNITS - INSIDER STORIES
PT United Tractors Tbk (UNTR), distributor of Komatsu heavy equipment and parent of PT Pamapersada Nusantara, has revised up its equipment sales tar ...
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- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Maheswari Brothers Coal Limited - India
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
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