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Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring the possibility of acquiring coal mines and also operating two coal-based power plants in Kazakhstan,” NTPC chairman and managing director R.S. Sharma said.
“They have coal reserves of 35 billion tonnes and are keen to offer some mines to us. We have got proposals on how to utilise the coal. We are working on a business model so that we can bring the coal here and also use it for plants there,” he said.
Kazakhstan is looking at the reconstruction of the Ekibastuz GRES — 1 & 2 power plants.
According to sources, the two plants can be given directly on a nomination basis to NTPC.
To secure fuel for its plants, NTPC is looking at various options including global coal block acquisition. The PSU has identified countries such as Indonesia, Australia, Mozambique and South Africa for this purpose.
NTPC has appointed Australian firm Macquarie as a consultant for the evaluation of the Kalimantu coal mines in Indonesia. It has also appointed merchant bankers and legal consultants for the due diligence of a mine in Mozambique.
The country’s largest power producer is planning to increase its generation capacity to 50,000 MW from the current level of about 31,000 MW by 2012, for which it requires coal from both domestic as well as global sources.
NTPC’s coal requirement for the current financial year is about 145-150 million tonnes, of which the company is planning to import 14 million tonnes.
Net up 5.6%
NTPC’s net profit rose 5.6 per cent to Rs 8,656.53 crore in 2009-10 from Rs 8,201.30 crore in the year-ago period. Net sales in 2009-10 recorded a growth of 11.28 per cent at Rs 46,504.47 crore compared with Rs 41,791.30 crore in the previous fiscal.
Unaudited gross revenue grew 9.29 per cent to Rs 49,478.86 crore in 2009-10 against Rs 45,272.76 crore in 2008-09.
Source: Telegraph India
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Tuesday, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provid ...
Monday, 15 February 10
MINING LAW TO BE REVISED
Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (D ...
Monday, 15 February 10
EURO COAL PRICES SOFTEN AS CHINESE LUNAR NEW YEAR HOLIDAYS START
Prices of prompt cargoes of coal for delivery into Europe weakened last week on a lack of European demand and market nerves over the possible impact ...
Monday, 15 February 10
INDONESIAN COAL SUFFERS SETBACK AS SUMATRA RAIL LINE HELD UP AGAIN
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project i ...
Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- White Energy Company Limited
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Planning Commission, India
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
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