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, 08 December 11
INDIA MAY SEE 41% ANNUAL GROWTH OF ITS COAL DEMAND DURING THE NEXT 5 YEARS - ICAP SHIPPING
India’s Ministry of Coal expects that India’s coal demand may face an annual 41% rise during the next 5 years, while its coal deficit is ...


Thursday, 08 December 11
HAREDA KRIDA GETS CONTRACT FROM BAYAN - INSIDER STORIES
Insider Stories reported that, coal miner PT Bayan Resources Tbk (BYAN), through its subsidiary dubbed PT Gunungbayan Pratamacoal (GPB), has signed ...


Thursday, 08 December 11
CAPESIZES LIFT DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize vessels yesterday helped lift the dry bulk market which had been falling since the start of the week on lower cargo demand. As a result the ...


Wednesday, 07 December 11
ABM INVESTAMA EYES RP6.3 TRIO REVENUE - INSIDER STORIES
Insider Stories reported that, an energy integrated company PT ABM Investama Tbk is eyeing  a 1.5 folds increase in revenue this year from Rp4. ...


Tuesday, 06 December 11
DRY BULK MARKET ENDS RALLY, STARTS WEEK WITH FALL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a series of increases which saw the dry bulk market’s benchmark, the Baltic Dry Index (BDI) increasing close to 1,900 points and rates o ...


   987 988 989 990 991   
Showing 4941 to 4945 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 ...

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