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Thursday, 15 July 10
NTPC TO PURSUE COAL MINE ACQUISITION IN AUSTRALIA, INDONESIA - BUSINESS STANDARD
Business-Standard reported that, NTPC, the India’s largest power producer, has set the ball rolling to acquire coal mines or form joint ventures (JVs) in Australia, Indonesia, Mozambique and South Africa.
The state-owned company will soon deploy special teams to pursue its plans in Australia and Indonesia.
“The company has already identified coal mine in Australia. The Australian government has assured necessary assistance during the recent visit by Power Minister Sushilkumar Shinde. A company delegation will visit New South Wales, Brisbane, Perth during a three-day visit, beginning July 20,” NTPC Chairman and Managing Director RS Sharma told Business Standard. He said the emphasis would be on acquisition of existing mines or form joint ventures.
NTPC, which plans to increase its capacity from 30,000 mega watt (Mw) to 75,000 Mw by 2017, hopes to import 5-10 million tonnes of coal from Australia in the next three-five years. The company also plans to import same quantity of coal from Indonesia. NTPC aims to import 25-30 million tonnes of coal, compared to 15 million tonnes now, within next five years.
Sharma informed the company had identified mines in Indonesia and Mozambique and was in talks regarding this.
NTPC expects to start production from its Pakri Barwadih coal block in Jharkhand this financial year. The company has set a coal production target of 12 million tones per annum (mtpa) by 2012 and 47 mtpa by 2017 from the six blocks allotted to it.
NTPC has also formed a JV with Coal India (CIL) to develop, operate and maintain two coal mining blocks in Jharkhand.
Moreover, NTPC has signed a 20-year supply agreement with CIL to ensure guaranteed coal supply at 90 per cent of annual contracted quantity for its generating stations.
Source: Business-Standard
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Thursday, 15 July 10
NO IMPROVEMENT IN THE DRY BULK MARKET - INTERMODAL
Broker’s insight
With the Baltic Dry Index today (13/7/2010) standing at 1,790 points - the lowest point since early May 2009 - ...
Thursday, 15 July 10
IRON ORE PRICING MECHANISMS PUT ON THE SPOT
THE new iron ore pricing mechanisms that killed off the annual benchmark system are coming under pressure. The spot price of the steel feed has fall ...
Wednesday, 14 July 10
SUCCESSFUL COMMISSIONING OF GTLE LOW RANK COAL UPGRADING PLANT
COALspot.com: GTL Energy Ltd (GTL Energy) announced that construction and commissioning of its proprietary ‘first-of-a-kind’, low rank c ...
Tuesday, 13 July 10
BUMI TO PRODUCE MORE THAN 67 MILLION TONS OF COAL IN 2010
COALspot.com: Bumi resources, Indonesia’s largest coal producer has previewed its operating results in KPC/Arutmin for Jan – Jun 2010. A ...
Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
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- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Planning Commission, India
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
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