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Saturday, 24 October 09
NTPC SEEKS ALTERNATE COAL SUPPLY FOR KAHALGAON
State-run NTPC is looking at alternate sources of coal to fire its Kahalgaon (Bihar) and Farakka (West Bengal) and power stations, which are facing problem in coal supply.
“We are looking at other opportunities as well for (sourcing coal) Kahalgaon and Farakka,” CMD NTPC R S Sharma told reporters here.
“I am aware that Farakka and Kahalgaon have got coal problems, they have become a matter of concern because of 1,500 MW capacity addition at the plants,” he said adding that the coal requirement would be met partly through the Raniganj coal fields and partly through the Mahanadi Coalfields Ltd of Coal India Ltd.
Power Secretary H S Brahma earlier this week had said the Kahalgaon and Farakka thermal power plants of NTPC were not working for 45 days due to Railways bottlenecks.
Rajmahal coal mines in the Naxal hit Jharkhand meets the dry fuel requirement of NTPC’s 2,350-MW Kahalgaon and 1,600-MW Farakka plants, which require eight and 15 rakes of coal per day respectively. One rake is equal to 3,600 metric tonnes.
NTPC is importing nearly 15 million tonnes of coal out of its total requirement of 150 million tonnes this fiscal to bridge the shortfall.
The company is also exploring the possibility of acquiring stakes in coal mines in Mozambique, South Africa among others.
Source: Jai Bbihar
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Tuesday, 20 October 09
COAL PRICES TO SURGE IN 2010 DESPITE AMPLE SUPPLY
Commodity Online reported that, Coal prices are indeed destined to go higher as they follow the rise of ‘coal currencies’ such as Austra ...
Tuesday, 20 October 09
INDIA MAY CUT STAKE IN NTPC BY DECEMBER, POWER SECRETARY SAYS
Bloomberg reported that, India’s government may sell a 5 percent stake in NTPC Ltd., the country’s biggest power producer, as early as D ...
Monday, 19 October 09
COAL PRICE UP AGAIN - RICHARDS BAY TERMINAL
Export prices rose 45 cents, or 0.7%, to an average of 64.05 a metric ton in the week ended Oct. 16, according to McCloskey Group.
The week was & ...
Monday, 19 October 09
COAL MINISTRY SEEKS EXPLANATION FROM AP GENCO
The Hindu Business reported that, the Coal Ministry has asked the Power Generation Corporation of Andhra Pradesh (AP Genco) to explain why there was ...
Monday, 19 October 09
CEMENT UNLIKELY TO COST MORE DESPITE COAL PRICE HIKE
Business-Standard reported that, Cement manufacturers will not immediately hike prices of the construction material, despite a surge in their input ...
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- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
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- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
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- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
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- Metalloyd Limited - United Kingdom
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- Bangladesh Power Developement Board
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- Goldman Sachs - Singapore
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- New Zealand Coal & Carbon
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- Directorate General of MIneral and Coal - Indonesia
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- Binh Thuan Hamico - Vietnam
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- The Treasury - Australian Government
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