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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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Monday, 20 April 09
INDO TAMBANGRAYA 2009 OUTPUT TO GO UP 16% - THE JAKARTA POST
Indonesia's third largest coal producer, publicly listed PT Indo Tambangraya Megah (ITM), is targeting to raise production by 16 percent this year ...
Monday, 20 April 09
PT PAMAPERSADA SEES ITS REVENUE TO CLIMB BY 20% IN 2009 - STEELGURU
PT Pamapersada Nusantara, a unit of Indonesia's PT United Tractors, said that its 2009 profit will be similar to last year, even as it forecasts re ...
Monday, 20 April 09
NIPPON STEEL SEMI-SOFT COAL PRICE SAID TO DROP 67% - BLOOMBERG
Nippon Steel Corp., Japan’s largest mill, will pay up to 67 percent less for semi-soft coking coal this fiscal year, two industry executives w ...
Monday, 20 April 09
INTERNATIONAL INVESTORS SEEK TO SELL ADARO STAKES - MONEY.CNN
Some international investors in PT Adaro Energy ( ADRO.JK) have approached other companies to sell around a combined 17% stake in the coal miner via ...
Friday, 17 April 09
BHATIA COAL INDIA, VITOL IN DISPUTE - COAL JUNCTION
Bhatia Coal India, a subsidiary of the Bhatia International Group, terminated a coal supply contract with traders Vitol and has initiated arbitratio ...
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- Bangladesh Power Developement Board
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Latin American Coal - Colombia
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Carbofer General Trading SA - India
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Medco Energi Mining Internasional
- Australian Coal Association
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Planning Commission, India
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
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