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Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal.
“We plan to import 15-16 million tonnes of coal directly from next year,” R.S. Sharma, chairman and managing director of NTPC, told The Telegraph.
The government had nominated state-run MMTC to import 12.5mt coal on behalf of NTPC last year.
| “We plan to import 15-16 million tons of coal directly from next fiscal year” – Chairman & Managing Director, NTPC |
The tender, reissued at the end of August, faced delays and affected production at some NTPC units.
NTPC’s total coal requirement during 2009-10 is estimated at 150 million tonnes.
The power producer is also close to striking a coal block deal in Mozambique or Indonesia to secure its coal supplies.
Earnings boost
NTPC is targeting at least Rs 2,400 crore (US$ 518,694,613) by selling power in the open market in the next few years. It is creating 2,000mw of fresh capacity, including two units of 500mw each at Farakka and Korba.
“These two units will generate at least 8 billion units of power. Even if we sell the power at Rs 1.5 per unit (US$ 0.03), we earn a revenue of Rs 1,200 crore (US$ 259,347,306). Another Rs 1,200 crore (US$ 259,347,306) will come when the additional 1,000mw of merchant power generation is set up,” NTPC director (commercial) Inderjit Kapoor said today on the sideline of the company’s upcoming FPO roadshow in Calcutta. (1 USD = 46.2700 INR)
Source: Telegraph India
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Tuesday, 09 March 10
MINING LAW OPTIMIZES SECTOR
Law No. 4 / 2009 on Mineral and Coal Mining have given a new direction for the future of mining in Indonesia, including Domestic Market Obligation, ...
Tuesday, 09 March 10
STRONG REBOUND IN ALL THE DRY BULK SEGMENTS THIS WEEK
There was a strong rebound in all the dry bulk segments this week, leading to an 18% jump in the Baltic Dry Index.
The Cape and Panamax markets s ...
Tuesday, 09 March 10
L&T POWER EYEING COAL MINES IN AUS, INDONESIA
L&T Power Development Company, a part of the Larsen & Tubro Group, plans to acquire coal mines in Australia and Indonesia, a top company off ...
Tuesday, 09 March 10
BHP AGREES SHORTER-TERM COAL DEALS WITH EUROPEAN, ASIAN CUSTOMERS
Diversified miner BHP Billiton on Monday reported that it had reached sales terms for a significant portion of its hard coking coal volumes for 2010 ...
Monday, 08 March 10
KPCL TO IMPORT 0.9 MILLION TON OF 6000 GCV COAL
COALspot.com: India's Karnataka Power Corporation Ltd is seeking to import 0.9 million metric tons of 6000 kcal/kg (adb) Gross Calorific Value stea ...
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- Global Green Power PLC Corporation, Philippines
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IEA Clean Coal Centre - UK
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Minerals Council of Australia
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- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- Australian Coal Association
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Posco Energy - South Korea
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
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