State-run NTPC Ltd , India’s top power producer, is looking to buy majority stakes in Indonesian coal mines with reserves of up to 300 million tonnes to secure supplies and manage costs, its chairman said on Monday.
Another government company, Power Trading Corp , also announced plans to buy coal mines in Indonesia, following the footsteps [...]

India’s No. 1 power producer, NTPC Ltd will soon float a global tender to import 5 million tonnes of coal, its chairman and managing director T. Sankaralingam said on Thursday.
“We will like to cut down the coal import prices. It is competitive market and competition is key,” he said without elaborating on the grade of [...]

PUBLIC SECTOR coal giant Coal India Limited (CIL) is foraying into the power generation space and plans to invest over Rs 20,000 crore for the development and acquisition of new and existing coal mines over the next 5 years.
CIL plans to ramp up coal production to a level of 521 million tonne by 2012 from [...]

National Mineral Development, India’s biggest state-run iron-ore producer, said it will spend a total of 135 billion rupees, or $3.2 billion, to raise output, build steel and iron plants and invest in coal mines overseas.
The company, based in Hyderabad, will invest 35 billion rupees to raise iron-ore production 85 percent, the company’s chairman, B. Ramesh [...]

The constraints in gas procurement has forced state-run NTPC Ltd to try its luck by bidding for offshore blocks being offered by Australia.
Australia has put on offer 36 such blocks in the Commonwealth waters. It will assess all bids using a work programme bidding system and award exploration permits for an initial term of six [...]

The process of site selection for the establishment of the planned coal-fired power plant in Trincomalee is expected to commence in the near future as the Government of India and the Government of Sri Lanka signed an agreement Friday at the Sri Lankan Presidential Secretariat in Colombo, according to a press release issued by [...]

National Thermal Power Corp informed that the company will be signing a Memorandum of Agreement on December 29, 2006 with Government of Sri Lanka and Ceylon Electricity Board for development of a 2X250 MW coal based power project at Trincomalee in Sri Lanka.
The project would be developed through a joint venture company between the company [...]

There has been a U-turn in terms of coal availability for the power sector this year with Coal India Ltd (CIL) facing a problem of plenty. Stocks have piled up at the pit-heads as the thermal power plants are not lifting the coal earmarked for them.
Currently CIL’s pit-head stocks have touched a whopping 31 [...]