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Sunday, 03 January 10
NTPC SEEKS REPORT ON TRANSPORTING COAL THROUGH WATERWAYS
 State-run National Thermal Power Corporation (NTPC), the country’s largest power utility, has asked for a “holistic” feasibility report from the Inland Waterways Authority of India (IWAI) for transporting coal for its thermal power plants through inland waterways.
“We have asked for a more holistic feasibility report from the IWAI as we want to have the ability to move fuel rapidly. We are essentially looking at being flexible and want to develop this (inland water transport) as a solution,” a senior NTPC official said.
In September 2008, NTPC and the IWAI had signed a memorandum of understanding for movement of imported coal from Haldia to Farakka, Kahalgaon and Barh power stations.
Under the MoU, NTPC will commit to transport two-three million tonnes coal and assured return cargo of fly ash from its power plants, while the IWAI will provide the navigational channel for movement of barges, undertake project development and design suitable framework for induction of the private player for carrying out the movement.
Subsequently, the IWAI submitted a feasibility report for the project. However, NTPC found it insufficient and asked for another report, the official said.
Eastern Coal Fields is unable to supply more than 15 million tonnes coal to Farakka and Kahalgaon power stations, as against their requirement of about 27 million tonnes per annum. The current stocks at several other power stations are “supercritical”, according to an IWAI document, which is likely to ensure NTPC’s continued dependence on imported coal.
“The quantum of coal being imported by NTPC has been going up steadily over the last couple of years as there is a substantial gap between the demand and the supply being delivered by Coal India. Also, power and cement industries have been facing shortage of rakes as the railways have given priority to transport of food articles.
“So, NTPC will have to look at alternatives as it doesn’t want to sacrifice its plant load factor. But the cost of transportation through inland waterways could be a cause for concern,” said an analyst with Angel Broking. To read more Business-Standard
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Friday, 04 December 09
CHINA'S COAL IMPORTS PREDICTED TO DECLINE IN 2010
China's eye-catching coal import figure s are unlikely to extend into 2010 given the predicted narrow-down of the coal price spread between the hom ...
Friday, 04 December 09
SUBHASH PROJECTS BEGINS MINING AT INDONESIAN COAL BLOCK
Kolkata-based infrastructure company Subhash Projects and Marketing (SPML) has begun mining at its coal block in Indonesia and will begin despatchin ...
Friday, 04 December 09
DRY BULK MARKET IS ON THE RISE AGAIN
Proving rather resilient, compared to previous behaviors, the dry bulk market has been on a rebound mode once again, after a two-week fall, which su ...
Friday, 04 December 09
INDONESIA'S BUMI EYES MARKETING DEAL FOR BERAU COAL
Reuters reported that, Indonesian coal miner PT Bumi Resources Tbk said on Thursday it is in talks to be the exclusive marketing agent for coal prod ...
Friday, 04 December 09
KALIMANTAN GOLD AGREES TO SELL IBP COAL CONCESSION
COALspot.com ( Press Release): Kalimantan Gold Corporation Limited ("KLG" or the "Company"), which undertook drilling and had an ...
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- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
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- Australian Coal Association
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- Coastal Gujarat Power Limited - India
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- SMG Consultants - Indonesia
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- Kepco SPC Power Corporation, Philippines
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- Electricity Authority, New Zealand
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- The University of Queensland
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- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
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- Georgia Ports Authority, United States
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- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
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- India Bulls Power Limited - India
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- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
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- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
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- Petrochimia International Co. Ltd.- Taiwan
- Goldman Sachs - Singapore
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- Tata Chemicals Ltd - India
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- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
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- Africa Commodities Group - South Africa
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- Minerals Council of Australia
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- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
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- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Ministry of Mines - Canada
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
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- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
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- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
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- GN Power Mariveles Coal Plant, Philippines
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- Price Waterhouse Coopers - Russia
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- Edison Trading Spa - Italy
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
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- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
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