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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, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...
Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...
Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify.
ANZ senior commodities analyst Mark Pervan has increased h ...
Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...
Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...
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- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- The University of Queensland
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Planning Commission, India
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
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