COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 12 October 11
INDONESIAS COAL RUSH - JOSEPH KIRSCHKE
COALspot.com - Last winter, the Chinese government mobilized thousands of soldiers and reservists of the People’s Liberation Army to the port ...


Wednesday, 12 October 11
CAPESIZE - A SURPRISE JUMP IN RATES - BRS
There was a surge across all sizes last week, resulting in the BDI gaining 101 points to end the week at 2,000 points (+5.3%). The BCI reached 3,218 ...


Wednesday, 12 October 11
CAPESIZE FREIGHT RATES BOUND TO RETREAT FROM 2011 HIGHS ON THE BACK OF TONNAGE OVERSUPPLY SAYS BIMCO
According to Nikos Roussanoglou, Hellenic Shipping, with the BDI (Baltic Dry Index)  breaking yet another 2011 high yesterday and ending the se ...


Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES
Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a m ...


Tuesday, 11 October 11
RENUKA COALINDO BUYS JAMBI COAL
PT Renuka Coalindo Tbk,  formerly PT Allbond Makmur Usaha Tbk plans to acquire PT Jambi Prima Coal holder of mining concession in Pauh, Sa ...


   1006 1007 1008 1009 1010   
Showing 5036 to 5040 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Orica Mining Services - Indonesia
  • Japan Coal Energy Center
  • Ince & co LLP
  • Tata Chemicals Ltd - India
  • KPMG - USA
  • CoalTek, United States
  • The Treasury - Australian Government
  • Petrosea - Indonesia
  • Energy Link Ltd, New Zealand
  • Cemex - Philippines
  • India Bulls Power Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • BRS Brokers - Singapore
  • Sakthi Sugars Limited - India
  • Formosa Plastics Group - Taiwan
  • CIMB Investment Bank - Malaysia
  • World Coal - UK
  • Infraline Energy - India
  • Medco Energi Mining Internasional
  • Latin American Coal - Colombia
  • GVK Power & Infra Limited - India
  • Essar Steel Hazira Ltd - India
  • The India Cements Ltd
  • Kartika Selabumi Mining - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Bangladesh Power Developement Board
  • Cardiff University - UK
  • McConnell Dowell - Australia
  • Billiton Holdings Pty Ltd - Australia
  • Samsung - South Korea
  • Cement Manufacturers Association - India
  • Sucofindo - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Kobe Steel Ltd - Japan
  • Straits Asia Resources Limited - Singapore
  • Uttam Galva Steels Limited - India
  • Bharathi Cement Corporation - India
  • Directorate Of Revenue Intelligence - India
  • Independent Power Producers Association of India
  • Thermax Limited - India
  • ACC Limited - India
  • Merrill Lynch Commodities Europe
  • Orica Australia Pty. Ltd.
  • Bhoruka Overseas - Indonesia
  • The State Trading Corporation of India Ltd
  • APGENCO India
  • Credit Suisse - India
  • CNBM International Corporation - China
  • Ministry of Finance - Indonesia
  • Inspectorate - India
  • PetroVietnam Power Coal Import and Supply Company
  • SMG Consultants - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Semirara Mining and Power Corporation, Philippines
  • Star Paper Mills Limited - India
  • Lafarge - France
  • Cargill India Pvt Ltd
  • Maharashtra Electricity Regulatory Commission - India
  • Jatenergy - Australia
  • UBS Singapore
  • Pinang Coal Indonesia
  • Moodys - Singapore
  • Thai Mozambique Logistica
  • SUEK AG - Indonesia
  • EIA - United States
  • Coal India Limited
  • HSBC - Hong Kong
  • SASOL - South Africa
  • Salva Resources Pvt Ltd - India
  • Indika Energy - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • OCBC - Singapore
  • Sojitz Corporation - Japan
  • GHCL Limited - India
  • Heidelberg Cement - Germany
  • World Bank
  • Romanian Commodities Exchange
  • Parry Sugars Refinery, India
  • Fearnleys - India
  • Noble Europe Ltd - UK
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Cebu Energy, Philippines
  • Bangkok Bank PCL
  • bp singapore
  • Arutmin Indonesia
  • Coeclerici Indonesia
  • KOWEPO - South Korea
  • Carbofer General Trading SA - India
  • Power Finance Corporation Ltd., India
  • Mitra SK Pvt Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • SGS (Thailand) Limited
  • Marubeni Corporation - India
  • Gujarat Electricity Regulatory Commission - India
  • Baramulti Group, Indonesia
  • DBS Bank - Singapore
  • Barasentosa Lestari - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Gujarat Mineral Development Corp Ltd - India
  • Karaikal Port Pvt Ltd - India
  • Commonwealth Bank - Australia
  • Glencore India Pvt. Ltd
  • SN Aboitiz Power Inc, Philippines
  • ICICI Bank Limited - India
  • Therma Luzon, Inc, Philippines
  • Planning Commission, India
  • Thailand Anthracite
  • TNPL - India
  • Leighton Contractors Pty Ltd - Australia
  • Anglo American - United Kingdom
  • Riau Bara Harum - Indonesia
  • Freeport Indonesia
  • Argus Media - Singapore
  • Coal and Oil Company - UAE
  • Globalindo Alam Lestari - Indonesia
  • NALCO India
  • Parliament of New Zealand
  • PLN - Indonesia
  • GB Group - China
  • Ernst & Young Pvt. Ltd.
  • KPCL - India
  • PowerSource Philippines DevCo
  • Singapore Mercantile Exchange
  • Indogreen Group - Indonesia
  • PNOC Exploration Corporation - Philippines
  • International Coal Ventures Pvt Ltd - India
  • Toyota Tsusho Corporation, Japan
  • WorleyParsons
  • Petron Corporation, Philippines
  • Deutsche Bank - India
  • IEA Clean Coal Centre - UK
  • NTPC Limited - India
  • Mercuria Energy - Indonesia
  • European Bulk Services B.V. - Netherlands
  • SRK Consulting
  • Sarangani Energy Corporation, Philippines
  • Malco - India
  • Reliance Power - India
  • Interocean Group of Companies - India
  • Maersk Broker
  • Ceylon Electricity Board - Sri Lanka
  • SMC Global Power, Philippines
  • Enel Italy
  • Antam Resourcindo - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Vale Mozambique
  • Bukit Baiduri Energy - Indonesia
  • RBS Sempra - UK
  • Jaiprakash Power Ventures ltd
  • Peabody Energy - USA
  • CESC Limited - India
  • Electricity Authority, New Zealand
  • Directorate General of MIneral and Coal - Indonesia
  • Indian Energy Exchange, India
  • McKinsey & Co - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Sinarmas Energy and Mining - Indonesia
  • Cosco
  • Electricity Generating Authority of Thailand
  • Madhucon Powers Ltd - India
  • Platou - Singapore
  • Asia Cement - Taiwan
  • Thiess Contractors Indonesia
  • Eastern Energy - Thailand
  • Clarksons - UK
  • Mitsubishi Corporation
  • GAC Shipping (India) Pvt Ltd
  • Ministry of Mines - Canada
  • London Commodity Brokers - England
  • Makarim & Taira - Indonesia
  • MEC Coal - Indonesia
  • Sical Logistics Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • BNP Paribas - Singapore
  • Grasim Industreis Ltd - India
  • Mintek Dendrill Indonesia
  • Global Coal Blending Company Limited - Australia
  • Inco-Indonesia
  • Panama Canal Authority
  • Jindal Steel & Power Ltd - India
  • Kepco SPC Power Corporation, Philippines
  • Bank of America
  • Simpson Spence & Young - Indonesia
  • Tata Power - India
  • Barclays Capital - USA
  • Miang Besar Coal Terminal - Indonesia
  • Siam City Cement PLC, Thailand
  • ETA - Dubai
  • Maheswari Brothers Coal Limited - India
  • Rudhra Energy - India
  • Vitol - Bahrain
  • Central Electricity Authority - India
  • Edison Trading Spa - Italy
  • Jorong Barutama Greston.PT - Indonesia
  • Kumho Petrochemical, South Korea
  • Standard Chartered Bank - UAE
  • Trasteel International SA, Italy
  • CCIC - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Coal Orbis AG
  • Vijayanagar Sugar Pvt Ltd - India
  • Bayan Resources Tbk. - Indonesia
  • globalCOAL - UK
  • Indo Tambangraya Megah - Indonesia
  • ASAPP Information Group - India
  • IHS Mccloskey Coal Group - USA
  • Rashtriya Ispat Nigam Limited - India
  • Tamil Nadu electricity Board
  • Agrawal Coal Company - India
  • Merrill Lynch Bank
  • Bhushan Steel Limited - India
  • Total Coal South Africa
  • Iligan Light & Power Inc, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • U S Energy Resources
  • Banpu Public Company Limited - Thailand
  • Indorama - Singapore
  • Tanito Harum - Indonesia
  • Metalloyd Limited - United Kingdom
  • Manunggal Multi Energi - Indonesia
  • Thomson Reuters GRC
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Lanco Infratech Ltd - India
  • Coastal Gujarat Power Limited - India
  • Xstrata Coal
  • Deloitte Consulting - India
  • Permata Bank - Indonesia
  • Shenhua Group - China
  • Global Business Power Corporation, Philippines
  • Mjunction Services Limited - India
  • Savvy Resources Ltd - HongKong
  • Vedanta Resources Plc - India
  • Economic Council, Georgia
  • GN Power Mariveles Coal Plant, Philippines
  • Sindya Power Generating Company Private Ltd
  • PetroVietnam
  • Qatrana Cement - Jordan
  • Arch Coal - USA
  • Attock Cement Pakistan Limited
  • Coaltrans Conferences
  • Humpuss - Indonesia
  • Bulk Trading Sa - Switzerland
  • Altura Mining Limited, Indonesia
  • LBH Netherlands Bv - Netherlands
  • Bhatia International Limited - India
  • Xindia Steels Limited - India
  • Borneo Indobara - Indonesia
  • Adani Power Ltd - India
  • Central Java Power - Indonesia
  • GNFC Limited - India
  • Maybank - Singapore
  • White Energy Company Limited
  • Larsen & Toubro Limited - India
  • Goldman Sachs - Singapore
  • IMC Shipping - Singapore
  • PLN Batubara - Indonesia
  • JPower - Japan
  • Indian School of Mines
  • VISA Power Limited - India
  • TeaM Sual Corporation - Philippines
  • Meralco Power Generation, Philippines
  • OPG Power Generation Pvt Ltd - India
  • Shree Cement - India
  • IOL Indonesia
  • Indian Oil Corporation Limited
  • Meenaskhi Energy Private Limited - India
  • Malabar Cements Ltd - India
  • Russian Coal LLC
  • Kapuas Tunggal Persada - Indonesia
  • Core Mineral Indonesia
  • JPMorgan - India
  • San Jose City I Power Corp, Philippines
  • Geoservices-GeoAssay Lab
  • Gupta Coal India Ltd
  • Platts
  • MS Steel International - UAE
  • Australian Coal Association
  • Bank of China, Malaysia
  • Aditya Birla Group - India
  • Port Waratah Coal Services - Australia
  • Ministry of Transport, Egypt
  • KEPCO - South Korea
  • TGV SRAAC LIMITED, India
  • ING Bank NV - Singapore
  • Bukit Makmur.PT - Indonesia
  • Energy Development Corp, Philippines
  • Mechel - Russia
  • Posco Energy - South Korea
  • Georgia Ports Authority, United States
  • Sree Jayajothi Cements Limited - India
  • Binh Thuan Hamico - Vietnam
  • Wilmar Investment Holdings
  • Mitsui
  • Kaltim Prima Coal - Indonesia
  • Minerals Council of Australia
  • Kobexindo Tractors - Indoneisa
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Vizag Seaport Private Limited - India
  • J M Baxi & Co - India
  • Thriveni
  • Pendopo Energi Batubara - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • ANZ Bank - Australia
  • Oldendorff Carriers - Singapore
  • The University of Queensland
  • Timah Investasi Mineral - Indoneisa
  • Indonesia Power. PT
  • IBC Asia (S) Pte Ltd
  • Price Waterhouse Coopers - Russia
  • Gresik Semen - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Renaissance Capital - South Africa
  • Rio Tinto Coal - Australia
  • Samtan Co., Ltd - South Korea
  • Neyveli Lignite Corporation Ltd, - India
  • Idemitsu - Japan
  • UOB Asia (HK) Ltd
  • Surastha Cement
  • New Zealand Coal & Carbon
  • Chamber of Mines of South Africa
  • Eastern Coal Council - USA
  • Dalmia Cement Bharat India
  • Mercator Lines Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Ambuja Cements Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Gujarat Sidhee Cement - India
  • Britmindo - Indonesia
  • GMR Energy Limited - India
  • Indonesian Coal Mining Association
  • Videocon Industries ltd - India
  • Siam City Cement - Thailand
  • TRAFIGURA, South Korea
  • Kideco Jaya Agung - Indonesia
  • Asian Development Bank
  • Kohat Cement Company Ltd. - Pakistan
  • Runge Indonesia
  • Berau Coal - Indonesia
  • Intertek Mineral Services - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • South Luzon Thermal Energy Corporation
  • EMO - The Netherlands
  • Coalindo Energy - Indonesia
  • Adaro Indonesia
  • Semirara Mining Corp, Philippines
  • TANGEDCO India
  • TNB Fuel Sdn Bhd - Malaysia
  • Africa Commodities Group - South Africa
  • Petrochimia International Co. Ltd.- Taiwan
  • Maruti Cements - India
  • Australian Commodity Traders Exchange
  • Wood Mackenzie - Singapore
  • PTC India Limited - India