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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
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Saturday, 24 October 09
ADANI, MMTC IN RACE TO SUPPLY COAL TO GSECL
Business-Standard reported that, as many as five companies are in fray to supply 15 lakh (1.5 million) metric tonnes of non-coking steam (ther ...
Saturday, 24 October 09
INDONESIA STATE POWER FIRM PLANS TO DELAY COAL SUPPLIES
Indonesia's state-controlled electricity company is negotiating with two coal producing firms to delay plans to supply coal to a power plant in Wes ...
Friday, 23 October 09
MONGOLIA LISTS 8 POTENTIAL BIDDERS FOR COAL PROJECT
Reuters reported that, Mongolia has shortlisted eight potential partners for its huge Tavan Tolgoi coking coal project, according to Temuulen Ganzor ...
Friday, 23 October 09
2010 WILL BE 'BRIDGE YEAR' FOR COAL - CONSOL CHIEF
Mining Weekly reported that, After a difficult 2009, 2010 will likely be a “bridge” year for the US coal industry, followed by improved ...
Friday, 23 October 09
INDIAN GROUP INTERESTED IN MOZAMBICAN COAL
Mining Weekly reported that, India’s leading steelmaker, the Steel Authority of India Limited (Sail), has confirmed that it is seeking to acqu ...
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- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- The University of Queensland
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- White Energy Company Limited
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
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