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Saturday, 30 May 09
COAL INDIA SIGNS FUEL SUPPLY AGREEMENT WITH NTPC - SINDHTODAY
 India’s largest coal miner Coal India Friday inked a much-awaited fuel supply agreement (FSA) with power generation major NTPC Ltd.
In the agreement both sides have settled for a ‘trigger level’ of 90 percent. Trigger level is the minimum assured level of coal supply and offtake, failing which either of the parties will attract penalty.
Earlier Coal India had insisted on a trigger level of 75 percent, but NTPC had asked for 90 percent.
The FSA signed here is the first between Coal India and any power utility and would serve as the model for all subsequent agreements between coal companies and power agencies, Coal India chairman Partha Bhattacharyya said.
“We will now sign such pacts with state power utilities and other power companies,” he told reporters.
As per the new coal distribution policy (NCDP) of the central government, coal companies are required to supply the black gold to consumers through legally enforceable FSAs with performance-based ‘take or pay’ provision.
Out of its 1,222 valid consumers, Coal India has formulated FSAs with 1,167, but so far it had not entered into any such pact with any power utility.
More than 75 percent of Coal India’s production is lapped up by power utilities.
The Central Electricity Authority (CEA), which played a pivotal role in formulating the FSA, has developed an all India coal supply matrix for all 78 power stations in which Coal India will supply a total aggregate annual contracted quantity (ACQ) of 306 million tonnes, Bhattacharyya said.
The tenure of the FSA with power utilities will be a maximum of 20 years or till the end of the life of the power station, whichever is earlier. However, there are provisions for a joint review of the ACQ after five years.
The coal company will get a bonus if it can supply more than the trigger level of 90 percent of the ACQ, but will have to shell out a penalty to the power agency if the supply falls below the trigger level.
Similarly, the power utilities will be eligible for a bonus if they can lift more than the trigger level of 90 percent of the ACQ, but pay a compensation in case the lifted quantity falls below the trigger level.
NTPC chairman R.S. Sharma was also present at the media meet.
Source: http://www.sindhtoday.net/news/1/15435.htm
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Monday, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 ...
Monday, 14 September 09
BOOM FORECAST FOR COAL OUTPUT
SMH.com reported that, A COAL investment boom is driving Australian production to new peaks even as our biggest export markets shift towards cleaner ...
Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received&nbs ...
Saturday, 12 September 09
THE INDIA / FAR EAST SEEMS WILL CONTINUE TO BE SOFT UNTIL THE IRON ORE MOVEMENTS PICKS UP - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market continued to be stable at almost as same levels as last week and the BDI was at 2,468 points.
...
Saturday, 12 September 09
GOVT REQUESTS MORE TIME TO ACQUIRE 21% SHARES IN NNT
The Jakarta Post reported that, the government plans to request a postponement for the acquisition of 21 percent shares in PT Newmont Nusa Tenggara ...
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Showing 6426 to 6430 news of total 6871 |
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- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- The University of Queensland
- PTC India Limited - India
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Economic Council, Georgia
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Minerals Council of Australia
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
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