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

Monday, 11 October 10
INDONESIAN POWER PLANTS AND OTHER INDUSTRIES TO BURN 78.97 MLN TONS OF COAL IN 2011
COALspot.com: The Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree 2360 K/30/MEM/ 2010 related to Domestic mark ...


Monday, 11 October 10
COAL IMPORTS TO START IN 2015 - VIETNAM BUSINESS
Vietnam Business reported that,  Viet Nam is now likely to import coal only from 2015, not 2013 as earlier forecast since many thermal power pl ...


Monday, 11 October 10
OCTOBER INDONESIAN COAL PRICE REFERENCE UP BY 2.92 PERCENT
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...


Saturday, 09 October 10
MPPGCL SEEKS TO BUY 0.40 MLN MT OF COAL FOR ITS THERMAL POWER STATIONS
COALspot.com: India's Madhya Pradesh Generating Company Limited (MPPGCL), Jabalpur, Madhya Pradesh invites bidders through tender 07-03/Import/Coal ...


Saturday, 09 October 10
FREIGHT MARKET IS EXPECTED TO FIRM UP NEXT WEEK CAPT REDDY
COALspot.com: Inspite of Chinese holidays the BDI was up by 10 pct and closed at 2,696 points. The cape index shot up to 20 pct and closed at 4,076 ...


   1113 1114 1115 1116 1117   
Showing 5571 to 5575 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 ...

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