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Monday, 13 April 09
INDIA'S NTPC FOURTH-QUARTER PROFIT RISES 30% ON POWER OUTPUT - BLOOMBERG
NTPC Ltd., India’s biggest electricity generator, said profit rose 30 percent in the fourth quarter after higher efficiency helped production.
Net income in the three months ended March 31 was a provisional 17.4 billion rupees ($345 million), Chairman R.S. Sharma said in New Delhi today. That compares with 13.4 billion rupees a year earlier.
Higher earnings will help NTPC almost double generation capacity by 2012 to meet energy demand and end blackouts in the world’s second fastest-growing major economy. The company’s shares have risen 57 percent from a 52-week low on Oct. 27, compared with a 26 percent gain in the benchmark Bombay Stock Exchange Sensitive Index.
“NTPC’s profits may rise between 5 percent and 7 percent this year on additional capacity and new regulation that allows it higher returns,” said Abhineet Anand, an analyst at Antique Stock Broking Ltd.
The Central Electricity Regulatory Commission allowed generators a higher rate of return on equity investments in the year that started April 1. The rate was increased to 15.5 percent from 14 percent, the power sector regulator said Jan. 20.
NTPC commissioned 1,000 megawatts and expanded commercial capacity by 2,000 megawatts in the year to March, Sharma said. This year, NTPC plans to commission 3,300 megawatts.
“Incremental capacity may only come toward the end of the year,” Anand said.
Installed Capacity
Installed capacity, including that of joint ventures, stood at 30,144 megawatts on March 31, Sharma said. Capacity in the year ended March 2008 was 29,394 megawatts, according to the utility’s annual report.
“Our profit rose in the fourth quarter because of higher efficiency,” director of finance A.K. Singhal said. “Our plant load factor rose 6 percent.” He didn’t provide more details.
NTPC plans to import 12.5 million metric tons of thermal coal this year to help meet a shortfall in fuel requirements and expects to produce 15 million tons of coal a year locally by March 2012.
“We are starting coal production soon,” Sharma said. “That will help us substantially reduce our imports.”
The company plans to spend 177 billion rupees on expansion this financial year and may raise 113 billion rupees in loans, Singhal said.
Generation capacity may climb to 50,000 megawatts by 2012 and 75,000 megawatts by 2017, Sharma said Sept. 17. The company aims to help cut peak-hour power shortages in India, which stood at a provisional 13.8 percent in the 11 months to February, according to the Central Electricity Authority.
Profit for the year ended March 31 rose 5.6 percent to 78.27 billion rupees while net sales rose to 421.82 billion rupees, the utility said in a statement in New Delhi. The figures are provisional and haven’t been audited, NTPC said.
Sales in the fourth quarter were 118 billion rupees, Singhal said.
NTPC shares rose 6.7 percent to close at 196.9 rupees in Mumbai trading, the biggest gain since Jan. 16.
Source: http://www.bloomberg.com/apps/news?pid=20601091&sid=aSlDisAMXnnA&refer=india
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Tuesday, 21 April 09
MITRA RAJASA TO ACQUIRE TWO MINING COMPANIES - THE JAKARTA POST
PT Mitra Rajasa Tbk plans to acquire PT Realita Jaya Mandiri and PT Masindo Artha Resources in South Sumatra, which are worth around US$40 million.
...
Tuesday, 21 April 09
INDONESIAN GOVT TO ALLOW UNDERGROUND MINING IN PROTECTED FORESTS - THE JAKARTA POST
The government will issue a regulation allowing mining companies to carry out underground mining in protected forests.
"This regulation will ...
Tuesday, 21 April 09
INDONESIAN GOVT LIKELY TO MISS INVESTMENT TARGETS FOR ENERGY, MINING - THE JAKARTA POST
The total value of investments in energy and mining sectors by the end of the year is likely to be below the government’s target, as a result of ...
Monday, 20 April 09
INDONESIAN COAL MINING ASSOCIATION CALLED TO CONTROL MINERS - MAJALA TAMBANG
The Indonesian Coal Mining Association (ICMA) is called to expand its membership further in view of controlling the conduct of miners in the nationa ...
Monday, 20 April 09
BANPU PLANS TO SHIP 2 MLN T COAL TO CHINA IN 09 - REUTERS
Banpu, Thailand's largest coal miner, plans to increase coal shipments to China by about 30 percent to 2 million tonnes in 2009, company officials ...
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- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Planning Commission, India
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
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