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