Adani Enterprises, India's largest coal importer and part of the Adani Group, a global integrated infrastructure player, has signed five agreements for supply of imported coal with NTPC Ltd, the country's largest power generation company.
Tag: Coal
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Adani to supply coal to NTPC
Adani Enterprises has signed five agreements with NTPC for supply of imported coal. Adani will supply 4 million tonne of coal imported from global sources between March to June 2012 to NTPCââŹâ˘s 14 power stations across India.The imported coal is required to meet the coal blending reĂÂquiĂÂreĂÂments of the NTPC power stations.
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Captive power projects face coal shortage
Captive power plants are struggling to implement their expansion plan because of coal shortage.Jindal Power, which supplies power to Jindal Power and Steel (JSPL) wants to add another 2,400 mw non-captive capacity by 2015.Yet, it is unable to lock-in coal supply for even half of this capacity.
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Reliance's Rosa unit
Reliance Power has commenced generation at the first of the two 300 MW units that make up the second phase of the company's Rosa Project in Uttar Pradesh.
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Power Min seeks scrapping of import duty on coal
In order to tackle the coal price surge, the Power Ministry is pushing for abolition of Customs duty on imported coal. The Ministry is trying to garner the support of the Planning Commission on the issue, which is expected to be countered by the Finance Ministry in light of the revenue implications.
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Coal-based power projects in Uttarakhand
The Centre has asked the Uttarakhand government to provide free of cost land for setting up coal-based power plants in the hill state.
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McNally Bharat: Celebrating 50 yrs of excellence
McNally Bharat (MBE), one of the leading EPC companies in India, is celebrating its Golden Anniversary in 2011. MBE started operations in a small way in 1961 in Kumardhubi, Dhanbad, where it manufactured equipment for the coal and mining industry.
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NTPC to import 4 mt of coal
NTPC has floated a tender for importing 4 million tonne of coal to bridge the shortfall of the fuel from domestic sources. The country's biggest power producer has decided to import the coal directly, rather than depend
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As economy booms, pressure to cut subsidies will go down
By the end of next year, both projects and financial facilitation for them should reach a stage where it's smooth sailing for infrastructure sectors, if Montek Singh Ahluwalia, Deputy Chairman, Planning Commission of India, has his way.
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NTPC may fall short in FY12
NTPC may fall around 18 billion units short of its potential production capacity in the current fiscal, as state electricity boards (SEBs) turn away from purchases of expensive electricity produced with imported coal.