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, 15 June 11
DRY BULK MARKET WEAKENS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite this time of year traditionally being one of the busiest for the dry bulk market, it seems that in the post-crisis era trade patterns are co ...


Monday, 13 June 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 1.2 PERCENT IN JUNE
COALspot.com - The Ministry of Energy & Mineral Resources sets coal spot price benchmark for June 2011 at US$ 119.03 per ton, higher than US$ 1. ...


Sunday, 12 June 11
THE FREIGHT MARKET IS LIKELY TO BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com - The freight market continued to soften this week except for Panamax index. The BDI was down by about 4.77 pct and closed at 1,418 poi ...


Friday, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...


Friday, 10 June 11
BUKIT ASAM RECORDED RP1.3 TRILLION PROFIT IN MAY - TEMPO INTERACTIVE
Tempo Interactive reported that, PT PT Tambang Batubara Bukit Asam Tbk (PTBA) made a net profit of Rp 1.3 trillion (approx. US$ 152,779,410) at the ...


   1045 1046 1047 1048 1049   
Showing 5231 to 5235 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 ...

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