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: Indonesia
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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 NTPC’s 14 power stations across India.The imported coal is required to meet the coal blending reÂquiÂreÂments of the NTPC power stations.
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Deepest platform to augment oil supply off-Mumbai
Essar Projects is completing ONGC’s D1 development project on a fast-track basis within 24 months on EPC by this month end.India’s farthest and deepest offshore platform is neaÂring completion on fast track,and is expected to go on-stream by the end of this month.
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Mining: Struggling to emerge from doldrums
Karnataka now finds itself in the company of other states in the clamp down on mining and ore transport. This means India will soon drop down in its export rankings of ore, adding to the brewing export and currency troubles. A Shivkamal writes that in this delicate environment, further reforms in mining will prove to be difficult to implement, at least in the near future.
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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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MERC rejects JSW Energy's power tariff revise plan
Regulatory authorities have rejected JSW Energy's plea to revise power tariffs because of difficulty in procuring fuel from Indonesia, a decision that analysts said was a setback for other companies seeking higher electricity rates on similar grounds.
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Indonesia to tighten coal export norms
Indonesia has circulated a draft decree seeking comments on imposing a ban on export of coal below 5,100 gross kcal per kg from 2014. Earlier, Jakarta brought in regulations that calÂled for all coal exports
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Tata Power to run Mundra UMPP at low capacity
Tata Power Company is preparing contingency plans to minimise loss from running the plant as the cost of imported coal from Indonesia has risen sharply. The company plans to run the 4,000-MW Mundra unit at low capacity, at around 72-78 percent, and is considering blending the fuel with cheÂaper coal of low calorific value to reduce cost of generation.
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Expertspeak: Raw material demand to propel global equipment
The rapidly accelerating global procurement demand for raw materials also presents mining equipment manufacturers with ever greater challenges.New technologies as well as ideas help meet the challenges of the future. Germany is among the most important suppliers for the Indian mining market besides the US and China.
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Coal-rich nations' policies to hit power cos
Development of new proÂjeÂcts could face problems from the regulatory reforms being undertaken by coal-rich nations - from where the fossil fuel is sourced.