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Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed.
The opinion of the Sri Lankan attorney general (AG) was awaited. With the re-election of President Rajapaksa, the AG’s opinion will come soon, which will help both NTPC and Ceylon Electricity Board to start the project implementation by the end of the month.”
With the AG’s opinion in, the way would be clear, said the sources, for the joint venture agreement between CEB and NTPC, a power purchase agreement between the JV company and CEB, and an agreement between the Board of Investment and the JV company. An implementation agreement and a coal supply agreement would also be in place.
| “NTPC plans to import coal from Indonesia or South Africa for the its 500-Mw proposed power project in Sri Lanka” |
Though NTPC and CEB had signed a memorandum of understanding in 2006 for the project, both parties time to sort out various issues on the payment security mechanism and selection of project site. Each is to contribute half the equity. The project would be funded with a debt to equity ratio of 70:30.
According to sources, a site at Sampur, in Trincomalee district, has been finalised. NTPC plans to import coal from Indonesia or South Africa for the proposed project. Meanwhile, NTPC is also exploring options to take equity or acquire coal mines in Australia, Indonesia, Mozambique and South Africa.
Similarly, NTPC and Bangladesh are exploring options of setting up a 500-Mw imported coal-based power project there. NTPC is also interested in operation and maitenance contracts for new power projects in Bangladesh. “A team is visiting Banladesh this month to work out further details,” NTPC sources said.
Source: Business-Standard
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Saturday, 06 February 10
COAL MINISTRY SEEKS CUT IN IMPORT DUTY
The coal ministry wants the finance ministry to reduce the 5.1% import duty on thermal coal and continue with the existing zero import duty on cokin ...
Friday, 05 February 10
IN 2010, CHINA COAL OUTPUT TO REACH AROUND 3.3BLN T
It is expected that China's coal production in 2010 will reach around 3.3bln tons. It is predicted that in the first quarter of 2010, the tight coa ...
Thursday, 04 February 10
INDIA REMAINS FIRM - FEARNRESEARCH
CHARTERING - DRY BULK
Handy
The BSI has continued it´s downward movement for 2 weeks now.Nevertheless activity in the atlantic remains bu ...
Thursday, 04 February 10
INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT & INFRASTRUCTURE ASIA 2010
IPFA TO JOIN INF ...
Thursday, 04 February 10
INDIA`S APPETITE FOR COAL EXPECTED TO RISE SHARPLY
Coal powers more than half of India's electricity plants and demand for the commodity is expected to rise sharply as the third-largest Asian econom ...
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- India Bulls Power Limited - India
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- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
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- ICICI Bank Limited - India
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- Power Finance Corporation Ltd., India
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- Georgia Ports Authority, United States
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- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
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- PowerSource Philippines DevCo
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- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Parliament of New Zealand
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- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
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- Agrawal Coal Company - India
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- TNB Fuel Sdn Bhd - Malaysia
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- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
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- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
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- Metalloyd Limited - United Kingdom
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- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
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- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
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- Price Waterhouse Coopers - Russia
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- Videocon Industries ltd - India
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- The University of Queensland
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- Orica Australia Pty. Ltd.
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- Planning Commission, India
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- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
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- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
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- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
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- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
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- Malabar Cements Ltd - India
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
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- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Ministry of Transport, Egypt
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- Global Coal Blending Company Limited - Australia
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- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
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- Aditya Birla Group - India
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- McConnell Dowell - Australia
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- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
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- The Treasury - Australian Government
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