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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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Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions
Indonesian state-owned coal miner Bukit Asam saw 2009 ...
Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
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- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- White Energy Company Limited
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Bahari Cakrawala Sebuku - Indonesia
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- Coalindo Energy - Indonesia
- Planning Commission, India
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
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