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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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Wednesday, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...
Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...
Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify.
ANZ senior commodities analyst Mark Pervan has increased h ...
Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...
Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...
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- Parry Sugars Refinery, India
- Romanian Commodities Exchange
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
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- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
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- Posco Energy - South Korea
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- Global Green Power PLC Corporation, Philippines
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- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
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- Africa Commodities Group - South Africa
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- Indian Oil Corporation Limited
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- Directorate General of MIneral and Coal - Indonesia
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- Global Business Power Corporation, Philippines
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- Ministry of Mines - Canada
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- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
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- Directorate Of Revenue Intelligence - India
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- Billiton Holdings Pty Ltd - Australia
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- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
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- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
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- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
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- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- The University of Queensland
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
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- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
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- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Star Paper Mills Limited - India
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- White Energy Company Limited
- The Treasury - Australian Government
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- VISA Power Limited - India
- Heidelberg Cement - Germany
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- Bukit Makmur.PT - Indonesia
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