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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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Wednesday, 27 January 10
PEABODY ENERGY EYES 'RED HOT' ASIAN COAL DEMAND
US miner Peabody Energy has seen already-strong Asian markets become “red hot”, as demand for metallurgical and thermal coal strains sup ...
Wednesday, 27 January 10
KOLKOTTA BASED POWER UTILITY CESC LOOKING FOR 100,000 MT OF COAL FOR MAY & JUNE DELIVERY
COALspot.com (India): Kolkotta based power utility CESC, the flagship company of the diversified RPG group of India, has issued a closed tender to b ...
Tuesday, 26 January 10
FREIGHT COST ERODES INDIA CEMENTS NET
"Freight cost increased from an average of around 14% of sales in the previous quarters to around 20% in the third quarter"
The Decembe ...
Tuesday, 26 January 10
VITOL BUYS EXPORT SPACE AT COLOMBIA SANTA MARTA PORT
Global energy trader Vitol has signed a four-year deal to take export capacity at Colombia's 3 million tonnes a year Carbonsan port in Santa Marta, ...
Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
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- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- The University of Queensland
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Australian Coal Association
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Planning Commission, India
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
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