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Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia for its proximity, compared to Australia and Africa.
"If you look at the logistics of transportation, Indonesia is the nearest, than Australia... we are not averse to importing from Africa," CMD Arup Roy Choudhary told media in an interview.
NTPC may pick up stake in two coal mines in Indonesia, East Kalimanthan and Sumatra. The company is looking at striking a deal that is financially feasible. "Ultimately it would boil down to what would be the cost. If we bring costly coal, customers like state electricity boards cannot afford it," Choudhary said.
The company is also scouting for coal properties in the Australian continent and may acquire coal blocks in Queensland and North South Wales. It has identified 2-3 such properties
The company is also scouting for coal properties in the Australian continent and may acquire coal blocks in Queensland and North South Wales. It has identified 2-3 such properties.
NTPC coal requirement is likely to touch 165 million tonnes (MT) in the next financial year (2011-12), of which it may import 12-15 MT. At present, state-owned trading firms State Trading Corp (STC) and Minerals and Metals Trading Corp (MMTC) source coal from abroad on behalf of NTPC. "In one year's time, say by December next year, we would be able to import it ourself," he added.
NTPC, currently generates over 32,000 MW of power, of which nearly 60 per cent is coal-based. It is planning to ramp up this capacity to 50,000 MW by March, 2012.
Source: Prospering Indian Power Sector
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Tuesday, 21 December 10
CHINA COAL CAP TO BOOST GLOBAL M&A - FINANCIER WORLD WIDE
Financier World Wide reported that, Chinese state-run media has reported that the Central Government intends to cap domestic coal production for fea ...
Tuesday, 21 December 10
CIL TOLD TO SCOUT MINES ABROAD TO BRIDGE COAL DEFICIT - ECONOMIC TIMES
Economic Times reported that, The government asked state-owned CIL to look for acquiring assets abroad to meet the domestic shortfall of coal.
&q ...
Tuesday, 21 December 10
SHIPPING INDUSTRY RECOVERING, BUT STILL HAMPERED BY OVERSUPPLY OF VESSELS AND DEPRESSED FREIGHT RATES - UNCTAD / HELLENIC SHIPPING
International seaborne trade contracted by 4.5 per cent in 2009, reports UNCTAD´s Review of Maritime Transport 2010 . That decline put seaborn ...
Sunday, 19 December 10
SPOT SUPRAMAX VESSELS WERE FIXED AROUND US$ 13,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued to be soft with the BDI down by 96 points and closed at 1,999 points, touching below 2,000 points on Fri ...
Friday, 17 December 10
THE PANAMAX MARKET HAS EXPERIENCED A SOFTER TENDENCY THIS WEEK - FEARNBULK
Handy
Monotonous Atlantic markets with little fresh enquiry in Black Sea/Med/Continent. Large Supras are achieving usd 21/22k for TA rounds - 2/3 ...
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- Mintek Dendrill Indonesia
- Economic Council, Georgia
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- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indian Oil Corporation Limited
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- The University of Queensland
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- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- Ministry of Mines - Canada
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- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
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- Metalloyd Limited - United Kingdom
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- Alfred C Toepfer International GmbH - Germany
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- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
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- Georgia Ports Authority, United States
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- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
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- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
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- London Commodity Brokers - England
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- Romanian Commodities Exchange
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- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Parliament of New Zealand
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- Singapore Mercantile Exchange
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- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
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- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
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- VISA Power Limited - India
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
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- Indonesian Coal Mining Association
- Planning Commission, India
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- The Treasury - Australian Government
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- Australian Coal Association
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- Kohat Cement Company Ltd. - Pakistan
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- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
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- Minerals Council of Australia
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- Standard Chartered Bank - UAE
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- Global Coal Blending Company Limited - Australia
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- MS Steel International - UAE
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