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

Friday, 02 December 11
DRY BULK CARRIERS BACK IN THE SPOTLIGHT AS MARKET SPEEDS UP - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the tanker and container markets suffering dearly, it seems that the tide has once again turned in favor of the dry bulk carriers, despite over ...


Thursday, 01 December 11
DRY BULK MARKET RISES TO NEW HEIGHTS ON RENEWED DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on rising this week, with the industry’s benchmark, the Baltic Dry Index (BDI) climbing to 1,846 points on Wednes ...


Tuesday, 29 November 11
SOUTH AFRICAN COAL INTO CHINA, THE ACTIVITY WAS SLOW - BRS
Capesize The Capesize market in Atlantic stayed pretty firm last week with transatlantic rounds being fixed in the high twenties. Sentiment was les ...


Tuesday, 29 November 11
GOLDEN GATE BRIDGE OF INDONESIA COLLAPSED AT KUKAR, EAST KALIMANTAN
COALspot.com - A suspension bridge in Indonesia’s east Kalimantan province over the Mahakam river collapsed on Saturday, killing at least elev ...


Tuesday, 29 November 11
BUKIT ASAM SCOUTS RP3 TRILLION PROFIT - INSIDER STORIES
The state-controlled coal miner PT Bukit Asam Tbk (PTBA) expects to post a Rp3 trillion net income this year, reaching its target which is 50% above ...


   989 990 991 992 993   
Showing 4951 to 4955 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 ...

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