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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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Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct
* Sees opportunities for overseas acquisitions
Indonesian state-owned coal miner Bukit Asam saw 2009 ...
Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
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- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- The University of Queensland
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- MS Steel International - UAE
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Australian Coal Association
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
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