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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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Thursday, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
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- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Pipit Mutiara Jaya. PT, Indonesia
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Sinarmas Energy and Mining - Indonesia
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