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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 $1.5 billion to acquire mines abroad to help overcome a shortage of an estimated 228 million metric tons a year by March 2012.
NTPC plans to import 12.5 million tons of coal in the year ending March, Sharma said. The utility plans to start coal production at its local mines this year and produce 15 million tons of coal a year by 2012.
The power generator will start a new coal-fired unit at its Dadri plant in north India by October end, Sharma said in the interview yesterday. The unit will supply power to New Delhi before next year’s Commonwealth Games and will operate at full capacity of 490 megawatts two months after starting up. Another similar-sized unit at Dadri will start by February, he said.
“Our expansion plans are on track,” Sharma said. “We expect the next unit at our Korba plant to start this fiscal year. All three units will start producing at full capacity by March.”
Installed Capacity
The three new units will have a combined output of 1,480 megawatts. NTPC plans to increase capacity by 10 percent in the year ending March, adding plants that would generate 3,300 megawatts of power.
India plans to add 78,700 megawatts of generation capacity in the five years to March 2012 and 100,000 megawatts in the following five years. The world’s second fastest-growing major economy faces peak-hour shortages of 12.6 percent this year, according to the Central Electricity Authority.
NTPC will invite bids next month for equipment for five projects that will generate a combined 7,260 megawatts of power, Sharma said.
The company’s installed capacity, including that of ventures, stood at 30,644 megawatts, according to its Web site. India’s total installed capacity was 151,073 megawatts as of July 31, according to the Central Electricity Authority. One megawatt is the energy used by 200 urban homes in India
Source: Bloomberg
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Friday, 28 August 09
JSW MAY BUY AFRICAN MINE FOR US$ 350
The Economic Times Reported that, The Sajjan Jindal-owned JSW Group is in advanced talks to acquire a coal mine in Swaziland, Africa, at an estimate ...
Friday, 28 August 09
COAL INDIA ALLOWED TO IMPORT COKING COAL
The government Thursday allowed the state-owned Coal India to import coking coal and high grade ash thermal coal by acquiring coal properties abroad ...
Thursday, 27 August 09
CIL TO SPEND US$ 1 - 1.5 BN TO ACQUIRE ASSETS IN 4 COUNTRIES
Business Standard reported that, "Coal India is looking to spend $1-1.5 billion in acquiring mining assets in Australia, Indonesia, South Afric ...
Wednesday, 26 August 09
INDIA'S JSW TO DOUBLE JAIGARH PORT CAPACITY TO 20 MT
Sea Trade Asia reported that, JSW Jaigarh Port, a wholly owned subsidiary of JSW Infrastructure & Logistics, plans to double cargo handling capa ...
Wednesday, 26 August 09
JSW ENERGY NEARS COAL-SUPPLY LINKAGE DEAL IN INDONESIA
Sajjan Jindal-owned JSW Energy is close to finalising a coal-supply linkage pact in Indonesia and is also exploring options of acquiring ...
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- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
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