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Wednesday, 20 January 10
NTPC PLANS TO SET UP ARM FOR ACQUIRING COAL ASSETS ABROAD
 NTPC, the world’s second-largest independent power producer (IPP), plans to set up a new entity for acquiring coal assets abroad to secure fuel supplies for its coal-based plants. A proposal in this regard is likely to be moved before the company’s board soon.
The subsidiary would look at various options of securing coal supplies from overseas markets for meeting fuel needs of NTPC’s plants, a government official involved in the process said. Control over overseas fuel resources has become important in the wake of rising dependence on imported coal by NTPC.
When contacted, NTPC chairman and managing director RS Sharma said the company had built-in systems that has ensured long-term fuel security for all its existing and upcoming projects. “We would examine setting up of a separate entity for acquiring coal assets at an appropriate time,” Mr Sharma added.
NTPC, currently, has a separate division that looks at mining of coal and another strategic division that looks at acquiring coal assets abroad. This division itself could be carved into a focused arm for overseas acquisitions.
NTPC’s coal imports stood at eight million tonne in 2008-09. It is expected to reach the 12.5-million tonne mark in the current fiscal (2009-10) and rise further as the company’s coal-based generation capacity will go on stream in the coming years. It is estimated that the company may require at least 270 million tonne of coal annually by 2017, by when its total generation capacity is targeted to touch 75,000 mw from the current level of 30,644 mw. Of the
NTPC-owned capacity, 86% is coal-based, operated through 15 coal-based power stations. The need for a separate arm for acquisition of overseas coal operations has also been felt due to the poor track record of International Coal Ventures (ICVL). ICVL is a special purpose vehicle formed by PSUs to acquire coal properties abroad. NTPC is one of the equity partners in this venture.
The proposal for a separate entity for acquisition of coal assets comes at a time when NTPC is in the midst of launching its follow-on public offer. The FPO, which opens on February 3, would sell 5% of government equity in the company. The issue has received wide interest from global investors who have committed to participate in the market offer.
“The NTPC offer has received excellent response from overseas investors. We have met several of them in the US and London and all seem to be convinced about the ability of NTPC to push through power revolution in the country,” Mr Sharma said.
NTPC is growing strength to strength targeting to reach 75,000 mw capacity through an investment of Rs 2.25 lakh crore by 2017, recording a compounded annual growth rate (CAGR) of 13% per annum. The company plans to add 6,000 mw of new generation capacity every year.
Source: Economic Times
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Friday, 15 January 10
ADARO INDONESIA STILL TOPS IN INDONESIAN COAL EXPORT RANKING
COALspot.com (Indonesia): PT. Adaro Indonesia, the world first Envirocoal producer and Indonesia's second largest thermal coal producer is top coal ...
Friday, 15 January 10
NTPC TO ADD 6,000 MW EACH YEAR IN 12TH PLAN
Will raise total generation capacity to 75,000 Mw by 2017, up from 30,644 Mw at present.
India's largest power generator NTPC, which will launch ...
Friday, 15 January 10
POSCO SAYS 2010 COKING COAL AGREEMENT MAY BE DELAYED - BLOOMBERG
Posco, South Korea’s biggest steelmaker, said an agreement on coking coal prices for this year may be delayed because major suppliers of the s ...
Friday, 15 January 10
CHINA POWER FIRMS SEEK COAL IMPORTS, SUPPLY SCARCE
China's coal-hungry power plants have turned to imported coal to cope with widespread shortages, but spot supply is scarce, traders said on Thursda ...
Thursday, 14 January 10
INDONESIA POWER REDUCES COAL SUPPLY
PT Indonesia Power will reduce coal supplies from PT Tambang Batu Bara Bukit Asam to its Suralaya Power Plant. "The coal supply for the plant s ...
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- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
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- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Planning Commission, India
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
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