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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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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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- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
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- Bangladesh Power Developement Board
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- Kepco SPC Power Corporation, Philippines
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- Coal and Oil Company - UAE
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- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
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- Videocon Industries ltd - India
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- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- New Zealand Coal & Carbon
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- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
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- Indian Oil Corporation Limited
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- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Commonwealth Bank - Australia
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- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
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- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
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- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
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- Merrill Lynch Commodities Europe
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- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
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- PTC India Limited - India
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- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
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- Sakthi Sugars Limited - India
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- Planning Commission, India
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- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
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- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
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- Energy Link Ltd, New Zealand
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- Gujarat Electricity Regulatory Commission - India
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- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
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- PNOC Exploration Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
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- Riau Bara Harum - Indonesia
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- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
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- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Salva Resources Pvt Ltd - India
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
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- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
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- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
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- Independent Power Producers Association of India
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- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
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- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Parliament of New Zealand
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