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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, 27 January 10
PEABODY ENERGY EYES 'RED HOT' ASIAN COAL DEMAND
US miner Peabody Energy has seen already-strong Asian markets become “red hot”, as demand for metallurgical and thermal coal strains sup ...
Wednesday, 27 January 10
KOLKOTTA BASED POWER UTILITY CESC LOOKING FOR 100,000 MT OF COAL FOR MAY & JUNE DELIVERY
COALspot.com (India): Kolkotta based power utility CESC, the flagship company of the diversified RPG group of India, has issued a closed tender to b ...
Tuesday, 26 January 10
FREIGHT COST ERODES INDIA CEMENTS NET
"Freight cost increased from an average of around 14% of sales in the previous quarters to around 20% in the third quarter"
The Decembe ...
Tuesday, 26 January 10
VITOL BUYS EXPORT SPACE AT COLOMBIA SANTA MARTA PORT
Global energy trader Vitol has signed a four-year deal to take export capacity at Colombia's 3 million tonnes a year Carbonsan port in Santa Marta, ...
Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
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- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Australian Commodity Traders Exchange
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- White Energy Company Limited
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
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