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Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaikunthanathan, director of finance. The mine, located in south Sumatra, has reserves of 900 million tonne and is spread over 8,650 hectare.
“We have got all the legal clearances and have just begun construction of the jetty,” Vaikunthanathan said.
Though the company has so far acquired only 650-700 hectare, it will begin mining by November. “We will produce 4-5 lakh tonne this year and 1-1.5 million tonne next year,” he said. Madhucon has so far spent about Rs125 crore on the mine and will spend a total of Rs100-150 crore this fiscal.
The company bagged the greenfield block in 2008 for a concession period of 30 years and will pay 11.5% of revenues as royalty to the Indonesian government.
Madhucon has one other coal mine in Indonesia for which it is awaiting legal clearances.
“We will use some coal from the Sumatra block for our power project,” Vaikunthanathan said. The first phase of Madhucon’s 1,920mw project at Tamminapatnam in Andhra Pradesh will be commissioned in March.
“We have not yet estimated the reserves at the Jakarta mine and will begin mining there in three years,” he added. Madhucon had signed the memorandum of understanding (MoU) for the project last year.
Madhucon Projects had earlier this year transferred the two mines, the power project and its four toll roads to its subsidiary Madhucon Infra, which will be listed next year.
Of its four road projects, two are operational.
Source: DNA India
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Tuesday, 01 November 11
ATLAS RESOURCES SETS IPO AT RP1,500 - INSIDER STORIES
Insider Stories reported that, coal miner PT Atlas Resources Tbk has set its initial public offering (IPO) at Rp1,500 (approximately US$ 0.169) per ...
Tuesday, 01 November 11
DRY BULK MARKETS CORRECTION SPILLS OVER ONTO NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is losing steam, as evidenced by the falls experienced last week, which were also apparent at the beginning of the new week. A l ...
Monday, 31 October 11
CHINAS HUNGER FOR INDONESIAN COAL AT THREE YEAR-HIGH AS WINTER NEARS - JOSEPH KIRSCHKE
COALspot.com - Chinese demand for power-station coal from Indonesia has soared to its highest level in three years, as central heating plants and po ...
Saturday, 29 October 11
ATLAS RESOURCES SEALS US$95 MIO LOAN - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, has secured US$95 mill ...
Saturday, 29 October 11
INDONESIA TO INDIA FREIGHT LIKELY TO REMAIN SOFT
COALspot.com - The market continued to slow down and all segment were down this week.
The biggest drop was in the Cape Index down by 8.19 pct&nbs ...
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Showing 5001 to 5005 news of total 6871 |
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- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- The University of Queensland
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- VISA Power Limited - India
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
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