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, 27 July 11
BLACKSTONE TO INVEST INR 5,000 MILLION (APPRX. US$ 111 MILLION) IN VISA POWER
Press Release -  The Blackstone Group (NYSE: BX) today announced that it will be investing INR 5,000 million (c. USD 111 million) in VISA Power ...


Tuesday, 26 July 11
UT'S SALES COULD REACH TO 8000 UNITS BY THE END OF 2011
COALspot.com - Sales of Komatsu heavy equipment in the domestic market in the first half of 2011 rose 59 percent to 4333 units compared to the same ...


Monday, 25 July 11
INDONESIA STATE ELECTRICITY COMPANY HAS BURNED 19 MMT OF COAL FOR FIRST HALF OF 2011
COALspot.com - Indonesia's State Electricity Company and other IPPs have burned 19 million tons of coal for first half of this year said,Pamudji Nu ...


Monday, 25 July 11
AKR CORPORINDO TO PRODUCE 0.3 MMT OF COAL BY DECEMBER
COALspot.com - PT AKR Corporindo (AKRA) began producing coal from its mine in Muara Teweh, Central Kalimantan. The company is  targeting to pro ...


Sunday, 24 July 11
AN INDIAN PORT SETS A WORLD RECORD FOR CONVENTIONAL COAL DISCHARGE
COALspot.com - Krishnapatnam Port has set a World record for discharging 106,171 tons of steam coal in just 24 hrs using the conventional unloading sy ...


   1033 1034 1035 1036 1037   
Showing 5171 to 5175 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 ...

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