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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, 12 January 10
COAL PRICE FORECAST RAISED AT ANZ ON STRONGER CHINESE DEMAND
Power-station coal price forecasts for this year were raised 19 percent by Australia & New Zealand Banking Group Ltd. on rising demand from Chin ...
Tuesday, 12 January 10
BUMIS SALE CONTRACT ONLY REACHED 35 PERCENT
PT Bumi Resources has only completed 35 percent if its coal sale contract this year. “More than 65 percent of our sale volume did not have a c ...
Monday, 11 January 10
THE MARKET IS LIKELY TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market for the first week of the year was quite active and the market especially in the Panamax and Supramax s ...
Monday, 11 January 10
CHINAS COAL EXPORT MAY DECLINE 50% IN 2009
Preliminary data released by China's General Administration of Customs (GAC) on Wednesday showed that China's coal export reached 2.05 million ton ...
Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy
The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...
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- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Australian Coal Association
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- White Energy Company Limited
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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