We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 20 January 10
NTPC PLANS TO SET UP ARM FOR ACQUIRING COAL ASSETS ABROAD
 NTPC, the world’s second-largest independent power producer (IPP), plans to set up a new entity for acquiring coal assets abroad to secure fuel supplies for its coal-based plants. A proposal in this regard is likely to be moved before the company’s board soon.
The subsidiary would look at various options of securing coal supplies from overseas markets for meeting fuel needs of NTPC’s plants, a government official involved in the process said. Control over overseas fuel resources has become important in the wake of rising dependence on imported coal by NTPC.
When contacted, NTPC chairman and managing director RS Sharma said the company had built-in systems that has ensured long-term fuel security for all its existing and upcoming projects. “We would examine setting up of a separate entity for acquiring coal assets at an appropriate time,” Mr Sharma added.
NTPC, currently, has a separate division that looks at mining of coal and another strategic division that looks at acquiring coal assets abroad. This division itself could be carved into a focused arm for overseas acquisitions.
NTPC’s coal imports stood at eight million tonne in 2008-09. It is expected to reach the 12.5-million tonne mark in the current fiscal (2009-10) and rise further as the company’s coal-based generation capacity will go on stream in the coming years. It is estimated that the company may require at least 270 million tonne of coal annually by 2017, by when its total generation capacity is targeted to touch 75,000 mw from the current level of 30,644 mw. Of the
NTPC-owned capacity, 86% is coal-based, operated through 15 coal-based power stations. The need for a separate arm for acquisition of overseas coal operations has also been felt due to the poor track record of International Coal Ventures (ICVL). ICVL is a special purpose vehicle formed by PSUs to acquire coal properties abroad. NTPC is one of the equity partners in this venture.
The proposal for a separate entity for acquisition of coal assets comes at a time when NTPC is in the midst of launching its follow-on public offer. The FPO, which opens on February 3, would sell 5% of government equity in the company. The issue has received wide interest from global investors who have committed to participate in the market offer.
“The NTPC offer has received excellent response from overseas investors. We have met several of them in the US and London and all seem to be convinced about the ability of NTPC to push through power revolution in the country,” Mr Sharma said.
NTPC is growing strength to strength targeting to reach 75,000 mw capacity through an investment of Rs 2.25 lakh crore by 2017, recording a compounded annual growth rate (CAGR) of 13% per annum. The company plans to add 6,000 mw of new generation capacity every year.
Source: Economic Times
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
Wednesday, 20 January 10
NALCO SEEKS CONSULTANT FOR $4 BILLION INDONESIAN SMELTER, PLANT
National Aluminium Co., India’s second-biggest producer of the metal, called for bids for a consultant on its proposed aluminum smelter and co ...
Wednesday, 20 January 10
CEMENT FIRMS TO BUY POWER PLANT COAL ASH
CEBU, Philippines - Cement companies in Cebu are interested to buy the coal ash that will be produced from the coal-fired power plant in Toledo City ...
Tuesday, 19 January 10
CHINA TO INCREASE THERMAL COAL IMPORTS - WEN
China's Premier Wen Jiabao said on Tuesday that China will appropriately increase imports of thermal coal to ease the country's power shortages.
...
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 ...
|
|
|
Showing 6071 to 6075 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- Planning Commission, India
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Posco Energy - South Korea
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
|
| |
| |
|
