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Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power tolling arrangements, PTC India's top official said.
"The agreement is now being negotiated...once broad conditions of the agreement are finalised it will be signed," T. N. Thakur, chairman and managing director of PTC India told Reuters from New Delhi over the telephone on Thursday.
PTC Energy, a unit of power trader PTC India, may sign a contract to source 2.5 MTPA coal for a 10-year-term any time now, Thakur said.
He did not disclose the Indonesian firm's name.
In tolling, a power marketer or fuel supplier enters into a contract with the operator of a generating plant to convert the power marketer's fuel into electricity. The generator is paid a tolling fee for its services.
PTC Energy will have about 350-400 MW power via tolling arrangements, that can be sold by the firm, Thakur said.
"This electricity will then belong to PTC Energy. They can directly sell it to somebody in the market, or they can sell it to PTC and PTC will sell it in the market."
PTC Energy will pay per unit generation charges in the range of 1.25-1.35 rupees per killowatt-hour (kWh) to the operators, Thakur said.
COAL ASSETS
PTC India has been eyeing overseas coal assets for about a couple of years for now, though the power trading firm could not acquire any assets, he added.
"We are still looking at few assets, because coal market was hot. Now that things are coming back to its senses, we have again started our efforts."
About 53 percent of India's power generation capacity is fuelled by coal, which is in short supply.
India's power output for September was restricted by coal shortages, the Central Electricity Authority said recently.
PTC India's financial services arm, PTC Financial, has raised 1 billion rupees recently, he said.
"If they (PTC Financials) need (funds), they can raise more."
Source: Reuters
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Saturday, 24 October 09
ADANI, MMTC IN RACE TO SUPPLY COAL TO GSECL
Business-Standard reported that, as many as five companies are in fray to supply 15 lakh (1.5 million) metric tonnes of non-coking steam (ther ...
Saturday, 24 October 09
INDONESIA STATE POWER FIRM PLANS TO DELAY COAL SUPPLIES
Indonesia's state-controlled electricity company is negotiating with two coal producing firms to delay plans to supply coal to a power plant in Wes ...
Friday, 23 October 09
MONGOLIA LISTS 8 POTENTIAL BIDDERS FOR COAL PROJECT
Reuters reported that, Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzor ...
Friday, 23 October 09
2010 WILL BE 'BRIDGE YEAR' FOR COAL - CONSOL CHIEF
Mining Weekly reported that, After a difficult 2009, 2010 will likely be a “bridge” year for the US coal industry, followed by improved ...
Friday, 23 October 09
INDIAN GROUP INTERESTED IN MOZAMBICAN COAL
Mining Weekly reported that, India’s leading steelmaker, the Steel Authority of India Limited (Sail), has confirmed that it is seeking to acqu ...
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- Aditya Birla Group - India
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Merrill Lynch Commodities Europe
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Economic Council, Georgia
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Australian Coal Association
- Coal and Oil Company - UAE
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- The University of Queensland
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
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