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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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Monday, 28 June 10
REVISIONS SHOULD AIM MINERAL AND COAL LAW
VIVAnews reported that, the Consortium of Mineral, Coal and Geothermal-Producing Regional Governments (Minerbapabum) is asking the government to per ...
Monday, 28 June 10
MEC TO INK COAL-EQUITY SWAP DEALS WITH POWER PROJECTS
Business Line reported that, First it was power producers moving to pick up stakes in coal mining projects to ensure the raw material supplies.
N ...
Monday, 28 June 10
COLOMBIA WILL LIKELY EXPORT 80 MILLION TONNES OF COAL IN 2010
Best Colombia reported that, Mr Hernan Martinez energy and mines minister of Colombia told reporters that Colombia will likely export 80 million ton ...
Monday, 28 June 10
WESFARMERS' SEPT QTR COAL PRICE UP 11% - SMH
SMH reported that, Wesfarmers Ltd says it expects a 11 per cent increase in prices for metallurgical coal from its Curragh mine in Queensland in the ...
Saturday, 26 June 10
THE SUPRAMAX INDEX FOR S6 ROUTE WAS UP BY US$ 1091 PER DAY OR 5.7 PERCENT D-O-D -- VISTAAR
COALspot.com: The market appears to be steadying with all indices almost stabilizing and the drop much less than last two weeks.
The BDI softened ...
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- SMC Global Power, Philippines
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
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- Electricity Generating Authority of Thailand
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- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
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- Therma Luzon, Inc, Philippines
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- Parliament of New Zealand
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- Leighton Contractors Pty Ltd - Australia
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- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
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- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
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- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
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- Economic Council, Georgia
- India Bulls Power Limited - India
- Petron Corporation, Philippines
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- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
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- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
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- Bulk Trading Sa - Switzerland
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- Directorate Of Revenue Intelligence - India
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- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
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- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
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- Larsen & Toubro Limited - India
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- Goldman Sachs - Singapore
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- Electricity Authority, New Zealand
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- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
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- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
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- Bhatia International Limited - India
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- VISA Power Limited - India
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- Wood Mackenzie - Singapore
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- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
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- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
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- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- The University of Queensland
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
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