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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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Thursday, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
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- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Minerals Council of Australia
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- White Energy Company Limited
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- The University of Queensland
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
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