COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.

Recent News

Saturday, 05 September 09
INDIA BUYING INTO AUSTRALIA'S COAL - INTERVIEW
India is in line to buy vast amounts of Australian coal. An Indian cabinet minister is on a special mission to Australia to help satisfy India's ur ...


Saturday, 05 September 09
52 COMPANIES SUBMIT EOIS TO COAL INDIA
The Hindu, India's largest English news paper reported that, International mining majors from the U.S., South Africa, Australia and Indonesia are a ...


Friday, 04 September 09
INDONESIA PAITON ENERGY BUYS COAL FROM ADARO, KIDECO
PT Paiton Energy, an Indonesian independent power producer, has agreed to buy 3 million tonnes of coal from PT Adaro Energy Tbk (ADRO.JK) and PT Kid ...


Thursday, 03 September 09
ICVL IN TALKS FOR COAL BLOCKS IN INDONESIA
These acquisitions will help ICVL meet an internal target of importing at least 5 million tonnes (mt) of coking coal by 2012-13 LiveMint reported ...


Tuesday, 01 September 09
THREE COAL INVESTMENTS AND A SECTOR ON FIRE
With recession fears fading into the past in Asia and growth increasingly back on track in the West, global energy demand is again surging. It's no ...


   1289 1290 1291 1292 1293   
Showing 6451 to 6455 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Price Waterhouse Coopers - Russia
  • Moodys - Singapore
  • Sree Jayajothi Cements Limited - India
  • Larsen & Toubro Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Mintek Dendrill Indonesia
  • Banpu Public Company Limited - Thailand
  • Tata Chemicals Ltd - India
  • Formosa Plastics Group - Taiwan
  • Kobexindo Tractors - Indoneisa
  • GAC Shipping (India) Pvt Ltd
  • Arch Coal - USA
  • globalCOAL - UK
  • Core Mineral Indonesia
  • Malco - India
  • Kumho Petrochemical, South Korea
  • Bangladesh Power Developement Board
  • GN Power Mariveles Coal Plant, Philippines
  • Thiess Contractors Indonesia
  • ICICI Bank Limited - India
  • Bangkok Bank PCL
  • Ministry of Mines - Canada
  • Grasim Industreis Ltd - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Mitsubishi Corporation
  • ANZ Bank - Australia
  • ASAPP Information Group - India
  • Berau Coal - Indonesia
  • GVK Power & Infra Limited - India
  • Electricity Generating Authority of Thailand
  • Runge Indonesia
  • PTC India Limited - India
  • Ambuja Cements Ltd - India
  • Xstrata Coal
  • SMC Global Power, Philippines
  • Malabar Cements Ltd - India
  • Mechel - Russia
  • Cosco
  • Kohat Cement Company Ltd. - Pakistan
  • Bhoruka Overseas - Indonesia
  • Renaissance Capital - South Africa
  • Tata Power - India
  • KPCL - India
  • Platou - Singapore
  • Parliament of New Zealand
  • Bank of America
  • Antam Resourcindo - Indonesia
  • Maybank - Singapore
  • Indian Oil Corporation Limited
  • Shenhua Group - China
  • Thai Mozambique Logistica
  • KPMG - USA
  • Jindal Steel & Power Ltd - India
  • Bulk Trading Sa - Switzerland
  • Tamil Nadu electricity Board
  • Indogreen Group - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Heidelberg Cement - Germany
  • Riau Bara Harum - Indonesia
  • Arutmin Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Bukit Makmur.PT - Indonesia
  • TeaM Sual Corporation - Philippines
  • Mitsui
  • Kapuas Tunggal Persada - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Vitol - Bahrain
  • Permata Bank - Indonesia
  • Petron Corporation, Philippines
  • Uttam Galva Steels Limited - India
  • Standard Chartered Bank - UAE
  • CIMB Investment Bank - Malaysia
  • CoalTek, United States
  • Sakthi Sugars Limited - India
  • Maersk Broker
  • Karaikal Port Pvt Ltd - India
  • International Coal Ventures Pvt Ltd - India
  • Coal Orbis AG
  • Billiton Holdings Pty Ltd - Australia
  • Leighton Contractors Pty Ltd - Australia
  • Enel Italy
  • Mitra SK Pvt Ltd - India
  • Siam City Cement - Thailand
  • Australian Coal Association
  • McKinsey & Co - India
  • SMG Consultants - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Coal India Limited
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • World Bank
  • Oldendorff Carriers - Singapore
  • Maruti Cements - India
  • Therma Luzon, Inc, Philippines
  • Sical Logistics Limited - India
  • VISA Power Limited - India
  • CNBM International Corporation - China
  • Kepco SPC Power Corporation, Philippines
  • GMR Energy Limited - India
  • Iligan Light & Power Inc, Philippines
  • Asia Cement - Taiwan
  • Videocon Industries ltd - India
  • European Bulk Services B.V. - Netherlands
  • Edison Trading Spa - Italy
  • Thailand Anthracite
  • Orica Mining Services - Indonesia
  • Romanian Commodities Exchange
  • Electricity Authority, New Zealand
  • Platts
  • Eastern Energy - Thailand
  • APGENCO India
  • Trasteel International SA, Italy
  • Indonesian Coal Mining Association
  • GNFC Limited - India
  • Latin American Coal - Colombia
  • PLN - Indonesia
  • IEA Clean Coal Centre - UK
  • Kalimantan Lumbung Energi - Indonesia
  • Thomson Reuters GRC
  • U S Energy Resources
  • Anglo American - United Kingdom
  • Savvy Resources Ltd - HongKong
  • Cardiff University - UK
  • Marubeni Corporation - India
  • Vedanta Resources Plc - India
  • Indo Tambangraya Megah - Indonesia
  • Samsung - South Korea
  • Sojitz Corporation - Japan
  • Idemitsu - Japan
  • DBS Bank - Singapore
  • Glencore India Pvt. Ltd
  • Humpuss - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Central Java Power - Indonesia
  • Deloitte Consulting - India
  • The University of Queensland
  • Coalindo Energy - Indonesia
  • Eastern Coal Council - USA
  • J M Baxi & Co - India
  • SASOL - South Africa
  • Ind-Barath Power Infra Limited - India
  • Intertek Mineral Services - Indonesia
  • Barclays Capital - USA
  • Bukit Baiduri Energy - Indonesia
  • HSBC - Hong Kong
  • Russian Coal LLC
  • Meralco Power Generation, Philippines
  • Borneo Indobara - Indonesia
  • LBH Netherlands Bv - Netherlands
  • The India Cements Ltd
  • Karbindo Abesyapradhi - Indoneisa
  • Gujarat Sidhee Cement - India
  • RBS Sempra - UK
  • Jatenergy - Australia
  • TGV SRAAC LIMITED, India
  • OCBC - Singapore
  • Gresik Semen - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Power Finance Corporation Ltd., India
  • Ernst & Young Pvt. Ltd.
  • Cemex - Philippines
  • Semirara Mining Corp, Philippines
  • Directorate General of MIneral and Coal - Indonesia
  • Reliance Power - India
  • Rio Tinto Coal - Australia
  • PetroVietnam Power Coal Import and Supply Company
  • Coeclerici Indonesia
  • Japan Coal Energy Center
  • Aditya Birla Group - India
  • Vizag Seaport Private Limited - India
  • Posco Energy - South Korea
  • Parry Sugars Refinery, India
  • Gupta Coal India Ltd
  • Sucofindo - Indonesia
  • Carbofer General Trading SA - India
  • Total Coal South Africa
  • KOWEPO - South Korea
  • Dalmia Cement Bharat India
  • Coastal Gujarat Power Limited - India
  • Barasentosa Lestari - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Ministry of Transport, Egypt
  • ETA - Dubai
  • The State Trading Corporation of India Ltd
  • Bayan Resources Tbk. - Indonesia
  • Lanco Infratech Ltd - India
  • San Jose City I Power Corp, Philippines
  • Kideco Jaya Agung - Indonesia
  • UOB Asia (HK) Ltd
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • JPMorgan - India
  • Essar Steel Hazira Ltd - India
  • IOL Indonesia
  • Madhucon Powers Ltd - India
  • Lafarge - France
  • Jorong Barutama Greston.PT - Indonesia
  • Central Electricity Authority - India
  • Panama Canal Authority
  • Attock Cement Pakistan Limited
  • Clarksons - UK
  • MEC Coal - Indonesia
  • EMO - The Netherlands
  • TNB Fuel Sdn Bhd - Malaysia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • JPower - Japan
  • ACC Limited - India
  • Xindia Steels Limited - India
  • Indika Energy - Indonesia
  • Merrill Lynch Commodities Europe
  • Surastha Cement
  • Straits Asia Resources Limited - Singapore
  • Simpson Spence & Young - Indonesia
  • White Energy Company Limited
  • Coal and Oil Company - UAE
  • Asmin Koalindo Tuhup - Indonesia
  • GHCL Limited - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Thriveni
  • Cement Manufacturers Association - India
  • Fearnleys - India
  • Peabody Energy - USA
  • Alfred C Toepfer International GmbH - Germany
  • Port Waratah Coal Services - Australia
  • Shree Cement - India
  • CESC Limited - India
  • SRK Consulting
  • Directorate Of Revenue Intelligence - India
  • World Coal - UK
  • Planning Commission, India
  • TNPL - India
  • IBC Asia (S) Pte Ltd
  • Rashtriya Ispat Nigam Limited - India
  • Africa Commodities Group - South Africa
  • Orica Australia Pty. Ltd.
  • SUEK AG - Indonesia
  • Minerals Council of Australia
  • Global Business Power Corporation, Philippines
  • Energy Link Ltd, New Zealand
  • Noble Europe Ltd - UK
  • Indian School of Mines
  • Chamber of Mines of South Africa
  • McConnell Dowell - Australia
  • Mercator Lines Limited - India
  • Globalindo Alam Lestari - Indonesia
  • South Luzon Thermal Energy Corporation
  • Kartika Selabumi Mining - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Cebu Energy, Philippines
  • IMC Shipping - Singapore
  • NTPC Limited - India
  • Economic Council, Georgia
  • Britmindo - Indonesia
  • GB Group - China
  • Energy Development Corp, Philippines
  • Thermax Limited - India
  • Binh Thuan Hamico - Vietnam
  • Siam City Cement PLC, Thailand
  • ING Bank NV - Singapore
  • TANGEDCO India
  • Samtan Co., Ltd - South Korea
  • IHS Mccloskey Coal Group - USA
  • Aboitiz Power Corporation - Philippines
  • Adani Power Ltd - India
  • Mercuria Energy - Indonesia
  • PNOC Exploration Corporation - Philippines
  • Vale Mozambique
  • Salva Resources Pvt Ltd - India
  • Pinang Coal Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Indonesia Power. PT
  • NALCO India
  • Jaiprakash Power Ventures ltd
  • Timah Investasi Mineral - Indoneisa
  • Asian Development Bank
  • Meenaskhi Energy Private Limited - India
  • Qatrana Cement - Jordan
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Sindya Power Generating Company Private Ltd
  • Singapore Mercantile Exchange
  • London Commodity Brokers - England
  • AsiaOL BioFuels Corp., Philippines
  • PowerSource Philippines DevCo
  • BNP Paribas - Singapore
  • Petrosea - Indonesia
  • Geoservices-GeoAssay Lab
  • Cigading International Bulk Terminal - Indonesia
  • Goldman Sachs - Singapore
  • bp singapore
  • Agrawal Coal Company - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Ceylon Electricity Board - Sri Lanka
  • Miang Besar Coal Terminal - Indonesia
  • Tanito Harum - Indonesia
  • TRAFIGURA, South Korea
  • Freeport Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Bhushan Steel Limited - India
  • Bharathi Cement Corporation - India
  • Makarim & Taira - Indonesia
  • Star Paper Mills Limited - India
  • Argus Media - Singapore
  • Global Coal Blending Company Limited - Australia
  • Wilmar Investment Holdings
  • Baramulti Group, Indonesia
  • Ince & co LLP
  • Merrill Lynch Bank
  • Independent Power Producers Association of India
  • SN Aboitiz Power Inc, Philippines
  • Inco-Indonesia
  • WorleyParsons
  • Indorama - Singapore
  • BRS Brokers - Singapore
  • Indian Energy Exchange, India
  • UBS Singapore
  • Sarangani Energy Corporation, Philippines
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Manunggal Multi Energi - Indonesia
  • New Zealand Coal & Carbon
  • Medco Energi Mining Internasional
  • OPG Power Generation Pvt Ltd - India
  • Coaltrans Conferences
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Maharashtra Electricity Regulatory Commission - India
  • Mjunction Services Limited - India
  • Commonwealth Bank - Australia
  • Bank of China, Malaysia
  • KEPCO - South Korea
  • PLN Batubara - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Rudhra Energy - India
  • Wood Mackenzie - Singapore
  • MS Steel International - UAE
  • The Treasury - Australian Government
  • Inspectorate - India
  • PetroVietnam
  • Bhatia International Limited - India
  • Adaro Indonesia
  • Metalloyd Limited - United Kingdom
  • Deutsche Bank - India
  • Kobe Steel Ltd - Japan
  • Gujarat Mineral Development Corp Ltd - India
  • Holcim Trading Pte Ltd - Singapore
  • Interocean Group of Companies - India
  • Chettinad Cement Corporation Ltd - India
  • Ministry of Finance - Indonesia
  • EIA - United States
  • Infraline Energy - India
  • CCIC - Indonesia
  • Georgia Ports Authority, United States
  • Australian Commodity Traders Exchange
  • SGS (Thailand) Limited
  • Altura Mining Limited, Indonesia
  • India Bulls Power Limited - India
  • Cargill India Pvt Ltd
  • Credit Suisse - India