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PTC India
PTC India Seeks Coal Supply to Spur Power
Posted by :
pkk07Tracked by: 0 Boarder
I believe most of the plants of PTC should be operational by 2011 so that means they must already have financial closure and other clearances?...
In reply to:
PTC India Seeks Coal Supply to Spur Power
Posted by :
gssamant
PPK,
I hope you dont mind me penning my thoughts on this. The majority of the delay (by far) is caused by inability for a plant to get financial closure. To attain financial closure one will need environmental & land clearance as well as coal linkage. These factors are the main causes for the delay. Once financial closure is achieved, a plant can come up within 24-36 months (depending on the size of the plant).
GS 
PTC India Seeks Coal Supply to Spur Power
Posted by : gssamantTracked by: 0 Boarder
PPK,
I hope you dont mind me penning my thoughts on this. The majority of the delay (by far) is caused by inability for a plant to get financial closure. To attain financial closure one will need environmental & land clearance as well as coal linkage. These factors are the main causes for the delay. Once financial closure is achieved, a plant can come up within 24-36 months (depending on the size of the plant).
GS...
In reply to:
PTC India Seeks Coal Supply to Spur Power
Posted by : pkk07
Hey VJ,
I have a question for you. This is what I read on web:
"Worried by concerns raised by an Indian competitor about the alleged poor quality of power generation equipment supplied by Chinese manufacturers such as Dongfang Electric Corp., Shanghai Electric and Harbin Power Equipment Co. Ltd, the Central Electricity Authority, or CEA, India’s apex power sector planning body, has formed an internal group to conduct a technical audit of such equipment."
This can delay the upcoming power plants. How do you read this development vis-a-vis PTC.
Thanks.
PTC India Seeks Coal Supply to Spur Power
Posted by : pkk07Tracked by: 0 Boarder
Hey VJ,
I have a question for you. This is what I read on web:
"Worried by concerns raised by an Indian competitor about the alleged poor quality of power generation equipment supplied by Chinese manufacturers such as Dongfang Electric Corp., Shanghai Electric and Harbin Power Equipment Co. Ltd, the Central Electricity Authority, or CEA, India’s apex power sector planning body, has formed an internal group to conduct a technical audit of such equipment."
This can delay the upcoming power plants. How do you read this development vis-a-vis PTC.
Thanks.
...
In reply to:
PTC India Seeks Coal Supply to Spur Power
Posted by :
vjkumk
Source:Bloomberg
PTC India Seeks Coal Supply to Spur Power Trading (Update1)
By Archana Chaudhary
Aug. 25 (Bloomberg) -- PTC India Ltd. plans to start importing coal to supply power stations in return for electricity to defend its position as the nation's biggest energy trader.
PTC has agreed to supply 1.5 million metric tons of coal by December 2009, Chairman T.N. Thakur said in an interview in New Delhi. The company plans to invest in mines in Indonesia and India to secure as much as 15 million tons, equivalent to three- quarters of India's annual imports, he said.
The energy trader faces competition from new power exchanges and is using part of the 12 billion rupees ($275 million) it raised in a January share sale to invest in power projects and assets. PTC will pay generators to use its coal and sell the power produced to its customers, Thakur said.
``Coal is going to be king in the next few years and those who own the resource will grow,'' Prasad Dahapute, a Mumbai-based analyst with Antique Stock Broking Ltd., said today. PTC ``will make more money through generation than it can through trading.'' He recommends investors buy the company's shares.
PTC shares fell 1.3 percent to 79.1 rupees at the close in Mumbai trading after gaining as much as 2.4 percent. The shares have fallen 53 percent so far this year. India's benchmark stock index rose 0.3 percent today.
Demand for coal, which fires more than half of India's generation capacity of 141,000 megawatts, is rising as the country grows at the second-fastest pace among major economies. PTC has signed an agreement with a Singapore-based company to buy a stake in mines in Indonesia, the world's biggest exporter of power-station coal, Thakur said, without giving details.
`Expedite Generation'
``The idea behind developing this business model was to expedite generation and for this, you can't depend on Indian coal alone,'' Thakur said.
India may import about 20 million tons of coal in the year through March, according to the Central Electricity Authority, a statutory body that advises the government on power policy and sets technology standards for the industry. Imports may double by 2012, Anil Razdan, the most senior bureaucrat in the Power Ministry said May 21.
State and private utilities in India plan to almost double the country's generation capacity to 250,000 megawatts by 2017. New power exchanges are expected to help reduce shortages by conducting spot trades in electricity, which is usually sold through contracts, allowing captive plants run by companies to sell surplus power.
PTC owns 26 percent of Indian Energy Exchange, the country's first, which started on June 27. Financial Technologies (India) Ltd. is the exchange's founder and majority owner of the world's third-biggest gold bourse. The National Commodity & Derivatives Exchange said in June it won approval to set up a competing platform.
Capacity Addition
NTPC Ltd., India's biggest generator, and Power Finance Corp., which both partly own PTC, plan to set up the country's third electricity exchange.
Power generators haven't kept pace with rising demand from homes, factories, shopping malls and cinemas. India's peak electricity shortage may widen to 18.1 percent in the year to March 31, when it plans to add 10,178 megawatts of capacity, according to the Central Electricity Authority. The government targets adding 78,700 megawatts by March 2012.
Bulk of the capacity addition will come from nine coal-fired plants, each capable of generating 4,000 megawatts. These so- called ultra mega projects are planned near coal mines or along the coast to enable them to use imported fuel.
Tata Power Ltd., India's biggest electricity generator outside state control, is setting up one of the projects at Mundra in western India and has invested $1.2 billion in two Indonesian mines to secure coal supplies.
Prices at Australia's Newcastle port, the world's biggest exporter of thermal coal, reached a record $194.79 a ton in the week ended July 4. Prices have since declined to $162.15 a ton in the week ended Aug. 22, according to the globalCOAL NEWC Index.
cheers,
vj
PTC India Seeks Coal Supply to Spur Power
Posted by : vjkumkTracked by: 0 Boarder
Source:Bloomberg
PTC India Seeks Coal Supply to Spur Power Trading (Update1)
By Archana Chaudhary
Aug. 25 (Bloomberg) -- PTC India Ltd. plans to start importing coal to supply power stations in return for electricity to defend its position as the nation's biggest energy trader.
PTC has agreed to supply 1.5 million metric tons of coal by December 2009, Chairman T.N. Thakur said in an interview in New Delhi. The company plans to invest in mines in Indonesia and India to secure as much as 15 million tons, equivalent to three- quarters of India's annual imports, he said.
The energy trader faces competition from new power exchanges and is using part of the 12 billion rupees ($275 million) it raised in a January share sale to invest in power projects and assets. PTC will pay generators to use its coal and sell the power produced to its customers, Thakur said.
``Coal is going to be king in the next few years and those who own the resource will grow,'' Prasad Dahapute, a Mumbai-based analyst with Antique Stock Broking Ltd., said today. PTC ``will make more money through generation than it can through trading.'' He recommends investors buy the company's shares.
PTC shares fell 1.3 percent to 79.1 rupees at the close in Mumbai trading after gaining as much as 2.4 percent. The shares have fallen 53 percent so far this year. India's benchmark stock index rose 0.3 percent today.
Demand for coal, which fires more than half of India's generation capacity of 141,000 megawatts, is rising as the country grows at the second-fastest pace among major economies. PTC has signed an agreement with a Singapore-based company to buy a stake in mines in Indonesia, the world's biggest exporter of power-station coal, Thakur said, without giving details.
`Expedite Generation'
``The idea behind developing this business model was to expedite generation and for this, you can't depend on Indian coal alone,'' Thakur said.
India may import about 20 million tons of coal in the year through March, according to the Central Electricity Authority, a statutory body that advises the government on power policy and sets technology standards for the industry. Imports may double by 2012, Anil Razdan, the most senior bureaucrat in the Power Ministry said May 21.
State and private utilities in India plan to almost double the country's generation capacity to 250,000 megawatts by 2017. New power exchanges are expected to help reduce shortages by conducting spot trades in electricity, which is usually sold through contracts, allowing captive plants run by companies to sell surplus power.
PTC owns 26 percent of Indian Energy Exchange, the country's first, which started on June 27. Financial Technologies (India) Ltd. is the exchange's founder and majority owner of the world's third-biggest gold bourse. The National Commodity & Derivatives Exchange said in June it won approval to set up a competing platform.
Capacity Addition
NTPC Ltd., India's biggest generator, and Power Finance Corp., which both partly own PTC, plan to set up the country's third electricity exchange.
Power generators haven't kept pace with rising demand from homes, factories, shopping malls and cinemas. India's peak electricity shortage may widen to 18.1 percent in the year to March 31, when it plans to add 10,178 megawatts of capacity, according to the Central Electricity Authority. The government targets adding 78,700 megawatts by March 2012.
Bulk of the capacity addition will come from nine coal-fired plants, each capable of generating 4,000 megawatts. These so- called ultra mega projects are planned near coal mines or along the coast to enable them to use imported fuel.
Tata Power Ltd., India's biggest electricity generator outside state control, is setting up one of the projects at Mundra in western India and has invested $1.2 billion in two Indonesian mines to secure coal supplies.
Prices at Australia's Newcastle port, the world's biggest exporter of thermal coal, reached a record $194.79 a ton in the week ended July 4. Prices have since declined to $162.15 a ton in the week ended Aug. 22, according to the globalCOAL NEWC Index.
cheers,
vj
...
PTC energy ltd
Posted by : vjkumkTracked by: 0 Boarder
Source Money control:
Interview with cmd thakur,ptc india.
PTC is no longer a trading company, of course were called Power Trading Corporation and after the IPO we changed our name to PTC India, because we have gone into other segments of business and we are now a solutions provider on a holistic basis.
We have the PTC financial services, where we take equity and power projects. We are also trying to get into some debt syndication for the power projects. We recently another company called PTC Energy Ltd and we think that most of our asset based business will go into PTC Energy which means we have joint ventures with power project developers. We have also entered into a joint venture with a Singapore based company to source coal from Indonesia. So these are the different kinds of things, which we are now looking at.
cheers,
vj
...
BSE Announcements on PTC India
Posted by : MMB MessengerTracked by: 0 Boarder
PTC India Ltd has informed BSE regarding the following changes in the Directorships in the Company:
1. Shri. Satnam Singh has ceased to be a Director of the Company w.e.f. August 07, 2008.
2. Shri. M K Goel has joined as Director of the Company w.e.f. August 08, 2008....
NSE Announcements on PTC India
Posted by : MMB MessengerTracked by: 0 Boarder
Ptc India Limited has informed the Exchange that the following changes in the Directorships of PTC has taken place:(1) Shri Satnam Singh has ceased to be a Director of PTC w.e.f August 07, 2008. (2) Shri M.K. Goel has joined as Director of PTC w.e.f August 08, 2008....
Tracked by: 0 Boarder
Your call is not supported by any technical data and of course you have got the fundamentals wrong so please don't waste people's time....
In reply to:
buy ptc
Posted by :
savinder_81
buy ptc 3 month target 125-150
turnover is increasing week by week in power exchange.huge amount of profit(brokage income) is expected in oct quater results.
Tracked by: 0 Boarder
Hi,
The brokerage for transaction is 1 paise in IEX.One must understand that PTC is going to gain by selling its power owned to a higher margin from the current margin of 4 paise per unit through IEX, thats the way it is going to gain,not by the transaction fee income of IEX.Ptc will own power only if it acquires any coal mines in coming months and this coal will be supplied to merchant and independent power producers and a power generating fee will be given to the power producers and the power will be owned by PTC,so that it sells with huge margin.
cheers,
vj
...
In reply to:
buy ptc
Posted by : savinder_81
buy ptc 3 month target 125-150
turnover is increasing week by week in power exchange.huge amount of profit(brokage income) is expected in oct quater results.
buy ptc
Posted by : savinder_81Tracked by: 0 Boarder
buy ptc 3 month target 125-150
turnover is increasing week by week in power exchange.huge amount of profit(brokage income) is expected in oct quater results....
Dividend
Posted by : stocks@harshaTracked by: 0 Boarder
Dividend has been credited directly to account on 18 Aug 2008....
In reply to:
Dividend
Posted by : kishor gaidhani
as on dt 12.08.08 NO
Has anyone received the dividend?
Posted by : yatneshTracked by: 1 Boarder
yes....recieved it on 18-august.......
In reply to:
Has anyone received the dividend?
Posted by : Guest
yes recvd it yesterday.
buy ptc target 120
Posted by : prabharti_caTracked by: 0 Boarder
definitely target for 2 months is far more...
In reply to:
buy ptc target 120
Posted by : savinder_81
buy ptc short term target 100 then 120
looking very good.
buy ptc target 120
Posted by : savinder_81Tracked by: 0 Boarder
buy ptc short term target 100 then 120
looking very good....
Has anyone received the dividend?
Posted by : GuestTracked by: 1 Boarder
yes recvd it yesterday....
In reply to:
Has anyone received the dividend?
Posted by : banegacrorepati
Can anyone enlighten if they have received the dividend?
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