We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine purchase in Indonesia, the Indian company’s first overseas acquisition.
“We appointed Macquarie about 15 days back and they have already started due diligence,” Chairman R.S. Sharma said in an interview at his office in New Delhi. He didn’t give details.
Indian utilities are seeking thermal coal assets overseas to plug a local shortfall as the country almost doubles generation capacity in the five years to March 2012. State-owned monopoly producer Coal India Ltd. said last month it will invest $1.5 billion to acquire mines abroad to help overcome a shortage of an estimated 228 million metric tons a year by March 2012.
NTPC plans to import 12.5 million tons of coal in the year ending March, Sharma said. The utility plans to start coal production at its local mines this year and produce 15 million tons of coal a year by 2012.
The power generator will start a new coal-fired unit at its Dadri plant in north India by October end, Sharma said in the interview yesterday. The unit will supply power to New Delhi before next year’s Commonwealth Games and will operate at full capacity of 490 megawatts two months after starting up. Another similar-sized unit at Dadri will start by February, he said.
“Our expansion plans are on track,” Sharma said. “We expect the next unit at our Korba plant to start this fiscal year. All three units will start producing at full capacity by March.”
Installed Capacity
The three new units will have a combined output of 1,480 megawatts. NTPC plans to increase capacity by 10 percent in the year ending March, adding plants that would generate 3,300 megawatts of power.
India plans to add 78,700 megawatts of generation capacity in the five years to March 2012 and 100,000 megawatts in the following five years. The world’s second fastest-growing major economy faces peak-hour shortages of 12.6 percent this year, according to the Central Electricity Authority.
NTPC will invite bids next month for equipment for five projects that will generate a combined 7,260 megawatts of power, Sharma said.
The company’s installed capacity, including that of ventures, stood at 30,644 megawatts, according to its Web site. India’s total installed capacity was 151,073 megawatts as of July 31, according to the Central Electricity Authority. One megawatt is the energy used by 200 urban homes in India
Source: Bloomberg
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 08 October 09
COAL INDIA SAYS IMPORTS COULD JUMP 10 TIMES IN 3 YRS
Reuters reported that, Coal imports by state explorer Coal India Ltd could jump 10 times to 40-45 million tonnes in three years to meet a sharp rise ...
Thursday, 08 October 09
MINING TO ATTRACT $6B: BKPM
The Jakarta Post reported that, Indonesia’s mining sector could expect investment of up to US$6 billion in the 2010-2012 period, in part becau ...
Thursday, 08 October 09
INDIA DEMAND TO HELP DIRE COAL OUTLOOK - MACQUARIE
Reuters reported that, Macquarie Securities said on Wednesday its bearish short-term outlook on thermal coal may begin improving in a year's time o ...
Thursday, 08 October 09
ESSAR UNIT WINS INR 479 CR (US$ 103,272,401) ORISSA PROJECT
The firm will develop and operate the terminal at Paradip port; the contract will stretch up to 30 years
Live Mint reported that, Essar Shipping ...
Wednesday, 07 October 09
ESSAR, JINDAL IN TAKEOVER TUSSLE FOR AUSTRALIAN COAL MINER
Reuters reported that, Privately owned Essar Group has launched a surprise A$144.2 million ($128.1 million) bid for Australian coal minnow Rocklands ...
|
|
|
Showing 6361 to 6365 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- ASAPP Information Group - India
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- The University of Queensland
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- Wilmar Investment Holdings
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- Planning Commission, India
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
|
| |
| |
|