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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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- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- White Energy Company Limited
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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