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

Thursday, 28 April 11
BALTIC DRY INDEX NUDGES UP AFTER DAYS OF LOSSES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After consecutive falls, the dry bulk freight market, as followed through the Baltic Dry Index, finally caught a breather yesterday, with the BDI ma ...


Wednesday, 27 April 11
KEWESPO CALLS FOR 765KT OF THERMAL COAL
COALspot.com - South Korea's East-West Power Co's (KEWESPO) has issued a tender to buy total 765,000 tonnes of thermal coal for delivery between J ...


Wednesday, 27 April 11
HARUM ENERGY TO PAY RP 659.1B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miner Harum Energy is planning to pay out Rp 659.1 billion (US$76.46 million) in dividends this year ...


Wednesday, 27 April 11
TSIS $5 MILLION PLANT TO START PRODUCING UPGRADED COAL - THE JAKARTA POST
The Jakartapost reported that, PT Total Sinergy International (TSI), in association with Agritrade Resources Limited of Hong Kong, will upgrade its ...


Wednesday, 27 April 11
RAIN CONSIDERS COAL MINES TAKEOVER - INSIDER STORIES
Indonesian's tenth largest coal miner in term of coal concession, PT Resource Alam Indonesia Tbk (KKGI), is considering to acquire several coalmine ...


   1056 1057 1058 1059 1060   
Showing 5286 to 5290 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 ...

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