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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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Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this we ...
Tuesday, 19 January 10
COAL FOR DOMESTIC USERS
While the government is already almost a year behind schedule in issuing regulations to implement the new mining law, mineral producers have been&nb ...
Tuesday, 19 January 10
RISING DEMAND FROM POWER FIRMS TO PUSH COAL PRICES
The resurgence of the Chinese economy, along with harsh winter conditions across the country, is likely to push coal prices up in the short term. In ...
Tuesday, 19 January 10
ESSAR'S MEGA ACQUISITION PLANS
India’s Essar Group has carved a mega plan that includes a slew of acquisitions and investments in assets across various businesses. CNBC-TV18 ...
Monday, 18 January 10
INDONESIA SHIPPED 15.90 PERCENT OF TOTAL COAL EXPORTS IN 2009 TO INDIA
COALspot.com (Indonesia): Indonesia, the world largest coal exporter, exported 19.07 percent of the total coal export in 2009 to China and 15. ...
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- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- VISA Power Limited - India
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Planning Commission, India
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Aditya Birla Group - India
- Agrawal Coal Company - India
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