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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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Friday, 22 January 10
JSW ENERGY TO INVEST RS 4,500 CRORE IN COAL MINES ABROAD
The Sajjan Jindal-promoted JSW Energy is planning an investment of Rs 4,500 crore (US$ 978,260,869) to acquire coal mines abroad and another of Rs 1 ...
Thursday, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
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- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Deloitte Consulting - India
- Central Electricity Authority - India
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- PTC India Limited - India
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