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Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal.
“We plan to import 15-16 million tonnes of coal directly from next year,” R.S. Sharma, chairman and managing director of NTPC, told The Telegraph.
The government had nominated state-run MMTC to import 12.5mt coal on behalf of NTPC last year.
| “We plan to import 15-16 million tons of coal directly from next fiscal year” – Chairman & Managing Director, NTPC |
The tender, reissued at the end of August, faced delays and affected production at some NTPC units.
NTPC’s total coal requirement during 2009-10 is estimated at 150 million tonnes.
The power producer is also close to striking a coal block deal in Mozambique or Indonesia to secure its coal supplies.
Earnings boost
NTPC is targeting at least Rs 2,400 crore (US$ 518,694,613) by selling power in the open market in the next few years. It is creating 2,000mw of fresh capacity, including two units of 500mw each at Farakka and Korba.
“These two units will generate at least 8 billion units of power. Even if we sell the power at Rs 1.5 per unit (US$ 0.03), we earn a revenue of Rs 1,200 crore (US$ 259,347,306). Another Rs 1,200 crore (US$ 259,347,306) will come when the additional 1,000mw of merchant power generation is set up,” NTPC director (commercial) Inderjit Kapoor said today on the sideline of the company’s upcoming FPO roadshow in Calcutta. (1 USD = 46.2700 INR)
Source: Telegraph India
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Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...
Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...
Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...
Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European ...
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...
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- Energy Development Corp, Philippines
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- Standard Chartered Bank - UAE
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- Toyota Tsusho Corporation, Japan
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- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
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- Central Java Power - Indonesia
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- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
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- Jaiprakash Power Ventures ltd
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- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
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- European Bulk Services B.V. - Netherlands
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
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- Parliament of New Zealand
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- Bukit Makmur.PT - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
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- Ceylon Electricity Board - Sri Lanka
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- Mjunction Services Limited - India
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- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
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- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
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- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
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- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
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- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
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- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
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- Siam City Cement PLC, Thailand
- Planning Commission, India
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
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- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Australian Coal Association
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- Bangladesh Power Developement Board
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- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
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- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
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- White Energy Company Limited
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- Minerals Council of Australia
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- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
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- Global Coal Blending Company Limited - Australia
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