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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, 07 December 09
CHINA COKING COAL PRICE MAY RISE 14% ON DEFICIT, CITIGROUP SAYS
Coking coal prices in China, the world’s biggest steel producer, may rise 14 percent next year because of a supply deficit, Citigroup Inc. sai ...
Monday, 07 December 09
JSW STEEL TO SELL MOZAMBIQUE COAL MINE FOR RS 300 CRORE
JSW Steel may sell its coal mine in Mozambique to sister company JSW Energy as the mine has become commercially unviable for the steel producer, a t ...
Monday, 07 December 09
BLACK RIDGE MINING ENTERS AGREEMENT WITH INDONESIAN COAL PRODUCER
Australian-listed Black Ridge Mining has entered into an exclusive dealing and non-circumvention agreement with Indonesian coal producer PT. Inmas A ...
Sunday, 06 December 09
THE ECI / CHINA (S7) ROUTE SOFTENED AND WAS AT US$ 25,275 PER DAY - VISTAAR
COALspot.com (Singapore): "The market was bit soft in the beginning of the week, however towards mid week that market started to pick up and th ...
Sunday, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port. ...
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- Banpu Public Company Limited - Thailand
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- Indian Oil Corporation Limited
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- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
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- Central Electricity Authority - India
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- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
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- Kobexindo Tractors - Indoneisa
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- Commonwealth Bank - Australia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
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- Economic Council, Georgia
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- Indian Energy Exchange, India
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- Indogreen Group - Indonesia
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- Indonesian Coal Mining Association
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- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
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- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
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- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Parliament of New Zealand
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- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
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- Timah Investasi Mineral - Indoneisa
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- Formosa Plastics Group - Taiwan
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- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- The University of Queensland
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- Siam City Cement - Thailand
- McConnell Dowell - Australia
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- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
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- Coalindo Energy - Indonesia
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- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
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- International Coal Ventures Pvt Ltd - India
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- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
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- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
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- Pendopo Energi Batubara - Indonesia
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- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
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- Mjunction Services Limited - India
- Wilmar Investment Holdings
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- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
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- Kideco Jaya Agung - Indonesia
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- Alfred C Toepfer International GmbH - Germany
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- Anglo American - United Kingdom
- Thiess Contractors Indonesia
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- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Intertek Mineral Services - Indonesia
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