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Sunday, 17 January 10
NTPC TO DOUBLE CAPACITY BY 2017
NTPC, which will launch its follow-on public offer on February 3, plans to more than double its generating capacity to over 70,000 mega watts by 2017 from 30,644mw now.
“We plan to add 6,000mw of generation capacity annually during 2013-17,” said a senior company official.
Officials said the company would add 8000mw by the end of the Eleventh Five Year Plan (2007-12), while 18 projects of 17,930mw are under construction at 16 locations.
Analysts said there was certainly a ready market for such capacity, but the issues for NTPC would be timely execution and a sufficient supply of fuel such as coal and natural gas.
Officials said the state-owned PSU was looking at importing coal directly from the next financial year instead of routing it through agencies such as MMTC India Limited.
It is also considering stake buys in coal mines abroad, including Australia, Indonesia and South Africa.
A company statement said, “The follow-on public offer would close on February 5.”
The minimum bid lot and the floor price will be decided a day before the opening of the offer.
The government is divesting a 5 per cent stake in NTPC through the follow-on offer, which is expected to fetch about Rs 11,000 crore.
The government’s share in NTPC would come down to 84.5 per cent after the selloff.
The shares of NTPC closed at Rs 232.50 on the BSE on Friday, gaining around 0.63 per cent.
NTPC plans to enter the capital market with an issue size of 41.22 crore equity shares of Rs 10 each at a price to be determined through the book-building process.
A total of 42.73 lakh shares have been reserved for NTPC employees.
The Cabinet Committee on Economic Affairs had approved the stake sale proposal in October last year.
Source: Telegraph India
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Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian econom ...
Thursday, 04 February 10
COAL PRODUCTION EXPECTED TO REACH 280 MILLION METRIC TONS - INDONESIA UPDATE
Indonesia`s coal production target for 2010 has been set at 275 million to 280 million metric tons, according to the Association of Indonesian Coal ...
Thursday, 04 February 10
MASSEY CEO 'NOT EXCITED' ABOUT PROSPECT OF QUARTERLY COAL PRICING
US coal producer Massey Energy is not in favour of switching to a quarterly pricing schedule for metallurgical coal, from the current annual price b ...
Thursday, 04 February 10
BUKIT ASAM GOES SHOPPING FOR MORE COAL MINES
State-owned coal miner PT Tambang Batubara Bukit Asam has set aside Rp 1.5 trillion ($162 million) to acquire two coal mines in East Kalimantan, pre ...
Thursday, 04 February 10
PTT EYES OVERSEAS COAL
Revenue could reachUS$600 million a year
PTT Plc, Thailand's largest energy company, aims to raise the annual revenue from its overseas coal bus ...
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- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- ICICI Bank Limited - India
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- The University of Queensland
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Australian Coal Association
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
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