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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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Monday, 30 November 09
INDIA UTILITIES MOVE TO COAL INDEX - PRICING
Indian state utilities are leading a switch to coal index-linked pricing from fixed prices to secure imports and to be visibly paying fair market pr ...
Monday, 30 November 09
RECAPITAL TO ACQUIRE BERAU COAL
Unlisted Indonesian coal producer Berau will redeem outstanding bonds before the acquisition by Recapital Advisers is completed by the end of this y ...
Friday, 27 November 09
IMPORTING LIGNITE INTO COAL RICH KOSOVO
Balkan Insight has discovered that one of Kosovo’s biggest firms is being forced to import lignite from Malaysia and Indonesia, despite estima ...
Friday, 27 November 09
SOUTH AFRICA STILL TOPS IN COAL EXPORT RANKINGS
Mining Weekly reported that, Despite significant coal-mining capacity recently discovered in the Southern African region, according to senior coal a ...
Friday, 27 November 09
BHP SEEKS VARIABLE COKING COAL PRICE IN JAPAN, NIKKEI SAYS
Bloomberg reproted that, BHP Billiton Ltd. has asked Japanese steelmakers to move to pricing of coking coal linked to spot rates rather than negotia ...
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- Indian Oil Corporation Limited
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- Sical Logistics Limited - India
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- MS Steel International - UAE
- Sakthi Sugars Limited - India
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- Karaikal Port Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Australian Commodity Traders Exchange
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- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
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- Bhushan Steel Limited - India
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- ASAPP Information Group - India
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- Banpu Public Company Limited - Thailand
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- Eastern Energy - Thailand
- Mjunction Services Limited - India
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- Electricity Authority, New Zealand
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- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
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- Bulk Trading Sa - Switzerland
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- Indonesian Coal Mining Association
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