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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
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Thursday, 22 December 11
RI WILL NOT PLAY CATCH-UP WITH GLOBAL COAL DEMAND - THE JAKARTA POST
The Jakarta Post reported that, the International Energy Agency (IEA) has predicted in its Coal Market Report 2011 that over the next five years, gl ...
Thursday, 22 December 11
DRY BULK MARKET KEEPS LOSING TRACTION AHEAD OF HOLIDAY SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept retreating in the middle of the week, as charterers seem to be looking towards the holiday season and the start of the new ye ...
Tuesday, 20 December 11
THE COAL IMPORT INTO CHINA WAS QUIETER AS COAL STOCKS WERE AT HIGH LEVELS - BRS
The BDI ended the week at 1888 points (-1.8%), the BCI corrected to 3572 (-3.4%), the BPI was up at 1,775 (+3.6%), the BSI dropped to 1193 (-3.0%) a ...
Tuesday, 20 December 11
INDIA IMPORTS 66.41 PERCENT MORE COAL FROM INDONESIA LAST MONTH - SOURCES
COALspot.com: Indonesia, the world largest coal exporter, shipped 33.476* mln mt of coal in November, which is slightly higher than its Octobe ...
Monday, 19 December 11
KOPEX COMMITS ADDITIONAL ONE MILLION DOLLAR FOR PT TRANSCOAL MINERGY
COALspot.com - Mining contractor Kopex has agreed to extend a further US$1 million to finance the remainder of the expanded drill program at PT Tran ...
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Showing 4921 to 4925 news of total 6871 |
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- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Planning Commission, India
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Minerals Council of Australia
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
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