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

Tuesday, 26 October 10
INDONESIA SHIPPED 5.32 PERCENT LESS COAL IN SEPTEMBER 10
COALspot.com: Indonesia, the world largest coal exporter, shipped 21,661,817 MT of coal in September 2010, which is 5.32 percent lesser than Au ...


Tuesday, 26 October 10
DRY BULK MARKET TO KEEP RISING THIS WEEK ON STRONG CHINESE IRON ORE AND THERMAL COAL DEMAND - HELLENIC SHIPPING
Overcapacitated or not, the dry bulk market keeps its positive momentum as we move forward this week, with the Baltic Dry Index (BDI) rising by 0.77 ...


Monday, 25 October 10
TWO CHINESE COMPANIES INK DEAL TO TAP AUSSIE COAL RESERVES
China Daily reportd that, two Chinese coal firms have teamed up to explore and develop coal resources in an area in Australia that has forecast rese ...


Monday, 25 October 10
DRY BULK MARKET STILL HEAVILY DEPENDENT ON CHINA, POSTS SMALL WEEKLY LOSS OF 1.27% - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With every twitch and turn from China’s metals industry, the dry bulk market is disproportionally affected, as evidenced by the course of the ...


Sunday, 24 October 10
SUPRAMAX VESSELS BEING FIXED AROUND $ 15 K PER DAY DELIVERY N. CHINA FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SHIPPING
COALspot.com: The freight market this week remained almost at same levels with not much change. However the Far East/SE Asia market was quite soft w ...


   1109 1110 1111 1112 1113   
Showing 5551 to 5555 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 ...

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