We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 23 March 09
STRAITS TO SELL STAKE IN COAL ASSETS TO PTT -THEAUSTRALIAN.NEWS.COM
STRAITS Resources will sell a 60 per cent stake in its Indonesian coal assets to Thailand's PTT International Co. for $US335 million.
The transa ...
Monday, 23 March 09
BMA TAKES 60 PCT CUT IN JAPAN COKING COAL PRICE-CITI - REUTERS
BHP Billiton Mitsubishi Alliance (BMA), the world's top coking coal exporter, has agreed to accept a discount of around 60 percent for the steel-ma ...
Sunday, 22 March 09
SHENHUA ENERGY'S 2009 COAL PRODUCTION MAY GAIN 8% - BLOOMBERG
China Shenhua Energy Co., the nation’s biggest coal producer, may increase production of the energy fuel by about 8 percent this year, slower ...
Friday, 20 March 09
INDONESIA ORDERS TEMPORARY HALT AT BAYAN COAL MINE - REUTERS
Indonesia has ordered a coal mining unit of PT Bayan Resources to temporarily stop production for operating outside approved areas, a government off ...
Friday, 20 March 09
COKING-COAL PRICE STRUCK AT $115-$125, CITIGROUP SAYS - BLOOMBERG
BHP Billiton Ltd., the world’s largest miner, agreed with Nippon Steel Corp. to benchmark coking coal prices of $115 to $125 a metric ton, Cit ...
|
|
|
Showing 6831 to 6835 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
|
| |
| |
|
