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Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring the possibility of acquiring coal mines and also operating two coal-based power plants in Kazakhstan,” NTPC chairman and managing director R.S. Sharma said.
“They have coal reserves of 35 billion tonnes and are keen to offer some mines to us. We have got proposals on how to utilise the coal. We are working on a business model so that we can bring the coal here and also use it for plants there,” he said.
Kazakhstan is looking at the reconstruction of the Ekibastuz GRES — 1 & 2 power plants.
According to sources, the two plants can be given directly on a nomination basis to NTPC.
To secure fuel for its plants, NTPC is looking at various options including global coal block acquisition. The PSU has identified countries such as Indonesia, Australia, Mozambique and South Africa for this purpose.
NTPC has appointed Australian firm Macquarie as a consultant for the evaluation of the Kalimantu coal mines in Indonesia. It has also appointed merchant bankers and legal consultants for the due diligence of a mine in Mozambique.
The country’s largest power producer is planning to increase its generation capacity to 50,000 MW from the current level of about 31,000 MW by 2012, for which it requires coal from both domestic as well as global sources.
NTPC’s coal requirement for the current financial year is about 145-150 million tonnes, of which the company is planning to import 14 million tonnes.
Net up 5.6%
NTPC’s net profit rose 5.6 per cent to Rs 8,656.53 crore in 2009-10 from Rs 8,201.30 crore in the year-ago period. Net sales in 2009-10 recorded a growth of 11.28 per cent at Rs 46,504.47 crore compared with Rs 41,791.30 crore in the previous fiscal.
Unaudited gross revenue grew 9.29 per cent to Rs 49,478.86 crore in 2009-10 against Rs 45,272.76 crore in 2008-09.
Source: Telegraph India
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Saturday, 17 July 10
BULLISH OUTLOOK FOR COKING COAL - MINING MX & HELLENIC SHIPPING
Mining Mx reported that, the coking coal market has better long-term fundamentals than the iron ore market, according to a recent research rep ...
Friday, 16 July 10
CHINA EXPORTS 10.14 MILLION TONNES OF COAL IN H1 OF 2010
China exported 10.14 million tonnes of coal in the first half of this year, down 13.1% compared with the corresponding period of last year, accordin ...
Thursday, 15 July 10
SMC TO PURSUE MINDANAO COAL MINING PROJECTS
Philippine Daily Inquirer reported that, DIVERSIFYING CONGLOMERATE San Miguel Corp. is inclined to pursue its coal mining projects in Mindanao ...
Thursday, 15 July 10
ADANI ENTERPRISES WILL BUY $1 BILLION COAL MINE FROM LINC ENERGY - TOP NEWS
Top News reported that, Adani Enterprises has almost managed to obtain a coal mine from Linc Energy for $1 billion in Queensland, Australia. This mi ...
Thursday, 15 July 10
ADANI TO DEVELOP COAL EXPORT TERMINAL IN AUSTRALIA - BUSINESS STANDARD
Business-Standard reported that, The Adani Group, promoter of Mundra Port and Special Economic Zone (MPSEZ), today said it has been selected as the ...
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- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- The University of Queensland
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
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