Bloomberg reported that coal imports by NTPC (BOM:632555) fell slightly short of the company's May target.
Continue reading "NTPC Coal Imports Short of May Target, India Coal Market Reports"
Thursday, August 20, 2009
State-run power producer NTPC today declared that it has appointed Macquarie as consultant for acquiring coal mines in Indonesia. NTPC Chairman and Managing Director R S Sharma stated: The consultants to do the due diligence for acquiring coal mines in Indonesia will be Australian firm Macquarie. For full story, click here
Continue reading "NTPC has appointed Macquarie as Consultant to acquire Coal Mines"
Wednesday, August 5, 2009
India’s leading power generation utility, NTPC Ltd, may directly import the coal it needs, instead of asking state-owned trading firms such as MMTC Ltd and State Trading Corp. of India Ltd. to import the fuel for it. For full story, click here
Continue reading "NTPC looks like to Bypass State Trading Firms on Coal Imports"
Tuesday, August 4, 2009
Despite NTPC chairman R S Sharma’s exclamation that the PSU’s thermal power plants are not suffering from a shortage of coal, the power ministry is reporting that 40 per cent of the navratna company’s power plants have reached a critical stage of shortage. For full story, click here
Continue reading "40% of NTPC's Plants are Critically Short of Coal"
Sunday, July 19, 2009
State-run power generation company NTPC declared that it would appoint merchant bankers next month for acquiring coal mines identified by the company in Indonesia and Mozambique. NTPC Chairman and Managing Director R S Sharma stated: We will appoint merchant bankers to do the due diligence for Indonesia and Mozambique coal mines that we identified. For [...]
Continue reading "NTPC will engage bankers to acquire overseas Coal Mines"
Thursday, July 16, 2009
State-run power generation company NTPC declared that it would appoint merchant bankers next month for acquiring coal mines identified by the company in Indonesia and Mozambique. For full story, click here
Continue reading "NTPC has engaged bankers to acquire overseas coal mines"
Friday, July 10, 2009
The current stock of coal at NTPC, India’s leading thermal power producer, presents a grim picture. Of the 15 power stations operated by NTPC, five are sitting on very low stocks of coal, of which three are in a supercritical state. For full story, click here
Continue reading "NTPC Coal Stuck has supercritical power"
Monday, June 1, 2009
NTPC Ltd, country’s leading power generator, is looking at bagging coal assets abroad independently. Partha S Bhattarcharya, chairman, CIL, stated: This is a win-win situation for both the companies.The FSA which was introduced on account of the New Coal Distribution Policy issued in 2007, had already been given effect to all coal consuming sectors barring [...]
Continue reading "NTPC has scouted for coal blocks abroad"
Friday, May 29, 2009
Coal India on Friday has signed the much-awaited fuel supply agreement with NTPC for the supply of coal to the thermal power generating company, having both penalty and bonus clauses. Mr Partha S Bhattacharyya, Chairman, CIL, stated: Coal India signed the model FSA with NTPC, which represents all PSU power utilities. The tenure of the [...]
Continue reading "Coal India, NTPC has signed fuel supply pact"
Wednesday, April 29, 2009
The long-term fuel supply pact between the country’s biggest coal producer, Coal India, and power utilities led by navratna firm NTPC is set to miss the April-30 deadline on account of procedural delays. Coal India Chairman Partha S Bhattacharyya stated: All the issues between both the parties have been worked out and the pact is [...]
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Thursday, June 30, 2011