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Thursday, 12 November 09
NTPC FARAKKA AND KAHALGAON UNITS SHUT DOWN ON COAL SHORTAGE
Operations at two units each of power major NTPC Ltd’s 1600 MW Farakka and the 2340 MW Kahalgaon stations have ground to a halt due to an acute coal shortage, hitting the Eastern grid.
The Kahalgaon and Farakka projects had been forced to operate at around 50% plant load factor during the last couple of months due to the delay in fuel imports.
A NTPC official said that “Some units of projects in the Eastern region have been shut down due to lack of coal. We are looking at alternatives.”
According to official data, a loss of generation of 1,357 million units was reported at NTPC power stations during September due to the imported coal failing to come through. The Kahalgaon and Farakka stations operated at PLF of 45.43% and 51.78% respectively during September.
Generation at NTPC’s 460 MW Talcher station has also been affected due to non receipt of imported coal.
The delays in a coal import tender floated by MMTC Ltd have been the main reasons for coal-based generation faltering at key NTPC stations.
Indian government had earlier mandated state-run MMTC to import 12.5 million tonnes of coal on behalf of NTPC for the current fiscal. The tender had to be reissued at the end of August after some bidders faulted the bidding process.
Source: Steel Guru
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Friday, 23 October 09
AUSTRALIA APPROVES CHINESE TAKEOVER OF FELIX RESOURCES
* Australia give conditional approval to China's Felix deal
* Chinese owner must list the assets on Australian exchange
Reuters reported that, ...
Friday, 23 October 09
IVANHOE TARGETING 20 MILLION TONS OF COAL OUTPUT IN MONGOLIA
Bloomberg reported that, Ivanhoe Mines Ltd., developing a $4 billion copper and gold mine in Mongolia with Rio Tinto Group, is targeting long-term c ...
Friday, 23 October 09
XSTRATA PLANS $1BN AUSTRALIAN COAL PORT
Xstrata Plc, the world's biggest exporter of steam coal, plans to build a new $1 billion coal port in Australia, it said.
The proposed Balaclava ...
Friday, 23 October 09
MEXICO'S CFE SEEKS 6.24 MLN T COAL FOR 2010-12
Reuters reported that, Mexico's state-owned power monopoly plans to award a tender for 6.24 million tonnes of steam coal in December, according to ...
Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
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- Merrill Lynch Commodities Europe
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- Indonesian Coal Mining Association
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- Indian Oil Corporation Limited
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- Africa Commodities Group - South Africa
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
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- MS Steel International - UAE
- Georgia Ports Authority, United States
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- CIMB Investment Bank - Malaysia
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- Rio Tinto Coal - Australia
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