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

Saturday, 02 October 10
FOUR INDONESIAN COAL FIRMS KEEN TO TIE UP WITH NALCO - SIFY
Sify reported that, Four Indonesian coal companies have shown interest to tie up with public sector National Aluminium Company (Nalco) for its 4 bil ...


Friday, 01 October 10
COAL TRADERS POWER FOREIGN ASSET BUYS - ECONOMIC TIMES
Economic Times reported that, the rush to own coal assets is leading to innovative alliances. are teaming up with utilities like , Reliance Power an ...


Thursday, 30 September 10
LOW CALORIFIC VALUE COAL MAY BE SOLD BELOW COAL REFERENCE PRICE IN INDONESIA
COALspot.com: Indonesia, the world’s largest coal exporter has issued another ministerial decree to regulate the selling price of coal of Indo ...


Thursday, 30 September 10
INITIAL PHASE OF MOATIZE MINING BY EARLY NOVEMBER - ALL AFRICA
All Africa report that, the initial phase of mining coal at Moatize, in the western Mozambican province of Tete, will begin by early November, and t ...


Thursday, 30 September 10
THE PANAMAX CONTINUED ITS DOWNWARD TREND FROM LAST WEEK - FEARNBULK
HANDY Activity remains slow this week combined with a lack of fresh enquiry and tonnage over-supply in the Atlantic. Indexes are all negative exce ...


   1116 1117 1118 1119 1120   
Showing 5586 to 5590 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 ...

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