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, 30 August 10
DRY BULK MARKET STABILIZES, ALBEIT AT A FALLING NOTE
The dry bulk market’s leading benchmark, the Baltic Dry Index (BDI) ended the week at 2712 points, a marginal weekly loss of 1.6% or 44 points ...


Saturday, 28 August 10
THE FUTURES FOR THREE YEARS (2010-2012) WAS FIRM FOR CAPE AND PANAMAX VESSELS - VISTAAR
COALspot.com: The freight market appeared to be heading for correction with the indices coming off during later part of the week. The BDI closed 44 ...


Saturday, 28 August 10
KRISHNAPATNAM PORT SETS AN ALL INDIA COAL DISCHARGE RECORD
COALspot.com: Krishnapatnam Port has established all new record for coal discharged in India using the conventional system of coal unloading for por ...


Friday, 27 August 10
PAKISTAN WILL IMPORT 8 TO 10 PERCENT MORE COAL IN 2011
COALspot.com: Pakistan to import 4 million ton of coal in 2011 up by 8-10 percent compare to this year’s imports.  "Pakistan's tota ...


Thursday, 26 August 10
CHARTERERS SWITCHING FROM PANAMAX TO CAPE STEMS DUE TO CAPE FALL
Handy The activity picked up in the Atlantic with more enquiries seen for short period tonnage for end August/beg September - As the grain season ...


   1127 1128 1129 1130 1131   
Showing 5641 to 5645 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 ...

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