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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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Tuesday, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provid ...
Monday, 15 February 10
MINING LAW TO BE REVISED
Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (D ...
Monday, 15 February 10
EURO COAL PRICES SOFTEN AS CHINESE LUNAR NEW YEAR HOLIDAYS START
Prices of prompt cargoes of coal for delivery into Europe weakened last week on a lack of European demand and market nerves over the possible impact ...
Monday, 15 February 10
INDONESIAN COAL SUFFERS SETBACK AS SUMATRA RAIL LINE HELD UP AGAIN
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project i ...
Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...
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- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- The University of Queensland
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- MS Steel International - UAE
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- ASAPP Information Group - India
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Australian Coal Association
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
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