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, 12 August 10
ETA STAR INDIA PUTS FORWARD COAL MINING PLAN FOR TETE, MOZAMBIQUE, IN 2011
ETA Star India Projects Pvt, which is carrying out coal prospecting and surveying work in the Moatize coal region, in Tete province, will present it ...


Thursday, 12 August 10
SUPRAS WERE FIXED IN THE MID/HIGH TEENS FOR INDO-INDIA TRIPS - FEARNBULK
Handy Activity is gradually picking up in the Atlantic with more enquiries seen for short period tonnage for the end of August. With the grain sea ...


Thursday, 12 August 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 94.86 FOR AUGUST 2010 SUPPLIES
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...


Wednesday, 11 August 10
BRAZILIAN GIANT VALE LOOKING TO BOOST ITS COAL OUTPUT
BRAZILIAN mining giant Vale is not content with being the world's largest iron ore miner. The miner is banking on ambitious growth plans to see it ...


Wednesday, 11 August 10
CAPESIZE MARKET ON RECOVERY MODE
The dry bulk market, usually dormant in August, has returned on a high note this week, after last week’s gains. Monday proved to be rather buo ...


   1132 1133 1134 1135 1136   
Showing 5666 to 5670 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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