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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, 06 January 10
BUMI SHARES UP AS OVERALL PERFORMANCE BEATS PREDICTIONS
The world’s largest thermal coal exporter PT Bumi Resources saw its shares jump 10 percent to Rp 2,675 ($29 US cents) on Tuesday after the com ...
Wednesday, 06 January 10
INDIA MAY HAVE BECOME TOP BUYER OF SOUTH AFRICAN COAL
India may have overtaken Europe for the first time as the biggest purchaser of South African coal in 2009, according to Raymond Chirwa, Richards Bay ...
Wednesday, 06 January 10
COAL PEAK RECEDES INTO THE FAR DISTANCE
COALspot.com (German): Coal will be available to mankind as an energy source for the next 120 years.
The German Coal Importer Association has ca ...
Tuesday, 05 January 10
SUPRAMAX MARKET REMAINED QUIET OVER THE LAST 10 DAYS BRS - DRY BULK
Despite a damp end to the year for bulk rates, shipping has weathered the storm far better than was initially expected in the wake of the financ ...
Tuesday, 05 January 10
WINTER WEATHER SPIKES COAL PRICES - CHINA UPDATE
Cold weather is driving coal prices higher and will lend the advantage in annual negotiations to suppliers, analysts said, predicting that the risin ...
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- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Australian Coal Association
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
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