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
Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL


Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power tolling arrangements, PTC India's top official said.

"The agreement is now being negotiated...once broad conditions of the agreement are finalised it will be signed," T. N. Thakur, chairman and managing director of PTC India told Reuters from New Delhi over the telephone on Thursday.

PTC Energy, a unit of power trader PTC India, may sign a contract to source 2.5 MTPA coal for a 10-year-term any time now, Thakur said.

He did not disclose the Indonesian firm's name.

In tolling, a power marketer or fuel supplier enters into a contract with the operator of a generating plant to convert the power marketer's fuel into electricity. The generator is paid a tolling fee for its services.

PTC Energy will have about 350-400 MW power via tolling arrangements, that can be sold by the firm, Thakur said.

"This electricity will then belong to PTC Energy. They can directly sell it to somebody in the market, or they can sell it to PTC and PTC will sell it in the market."

PTC Energy will pay per unit generation charges in the range of 1.25-1.35 rupees per killowatt-hour (kWh) to the operators, Thakur said.

COAL ASSETS

PTC India has been eyeing overseas coal assets for about a couple of years for now, though the power trading firm could not acquire any assets, he added.

"We are still looking at few assets, because coal market was hot. Now that things are coming back to its senses, we have again started our efforts."

About 53 percent of India's power generation capacity is fuelled by coal, which is in short supply.

India's power output for September was restricted by coal shortages, the Central Electricity Authority said recently.

PTC India's financial services arm, PTC Financial, has raised 1 billion rupees recently, he said.

"If they (PTC Financials) need (funds), they can raise more."
Source: Reuters



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 01 November 09
MINES REGULATION AMENDMENT BILL TO BE TABLED IN PARLIAMENT
Thaindia News reported that, A bill seeking to amend the Mines and Minerals Development Regulation Act, 1957, will be introduced in the winter sessi ...


Sunday, 01 November 09
THE COAL MOVEMENT TO INDIA FROM SOUTH AFRICA AND INDONESIA WOULD BE CONTINUE INCREASE - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI continued to be firm with an increase of 60 points and closed at 3,103 points. The cape index also was firm an ...


Sunday, 01 November 09
INDONESIA ADARO Q3 NET PROFIT JUMPS ON COAL DEMAND
* Q3 net profit up 131.6 percent to 1.27 trillion rupiah * Q3 revenue up 56.8 percent to 7.12 trillion rupiah Reuters reported that, Indonesia' ...


Sunday, 01 November 09
PT INDIKA MAY BUY STAKES IN BHPB INDONESIA OPERATIONS
Dow Jones reported that Indonesian coal producer PT Indika Energy may buy stakes in BHP Billiton Limited's Indonesian coal operations and in local ...


Sunday, 01 November 09
ADAVALE RESOURCES MAKES COAL ACQUISITIONS IN INDONESIA
Adavale Resources Limited has entered into an agreement to acquire the rights to two thermal coal projects Tapan and Jambi in Sumatra Indonesia, hel ...


   1255 1256 1257 1258 1259   
Showing 6281 to 6285 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 ...

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