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, 02 August 10
LINC, ADANI COMPLETE THEIR COAL CONNECTION
"THE much-speculated deal between underground coal gasification company Linc Energy and India's Adani Enterprises is set to be signed tomorrow ...


Saturday, 31 July 10
TABONEO ANCHORAGE TO LOAD 1.5 MLN TON OR MORE COAL IN H1 AUGUST
COALspot.com: Eighty five ocean going vessels and barges have been nominated by coal buyers to their respective suppliers in Indonesia to load about ...


Saturday, 31 July 10
SEEMS THE FREIGHT MARKET WOULD BE FAIRLY STABLE FOR H2 2010 - VISTAAR
COALspot.com: The BDI continued moving up since 16th July and rise by 14 pct almost touching 2000 points. The BDI was up by 7.72 pct last week wh ...


Friday, 30 July 10
DRY BULK MARKET BACK ON THE ROAD TO RECOVERY
Freight rates for dry bulk carriers have continued to edge higher this week, with the industry’s main benchmark, the Baltic Dry Index (BDI) ga ...


Thursday, 29 July 10
GOVT TOO OPTIMISTIC ON IRON, COAL PRICE
Federal government forecasts of continued strength in iron ore and coal prices, which underpin revenue expectations for the proposed new mining tax, ...


   1136 1137 1138 1139 1140   
Showing 5686 to 5690 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 ...

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