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

Wednesday, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...


Wednesday, 25 August 10
GOVT SHOULD ALLOW DUTY-FREE IMPORT OF THERMAL COAL: ASSOCHAM
Industry body Assocham Wednesday said the government should allow duty free import of thermal coal to bring down power tariffs in the country. &q ...


Wednesday, 25 August 10
INDIAS ADANI GROUP TO BUILD COAL RAILWAY IN INDONESIA
COALspot.com: India’s Adani Group, Indonesia’s state coal producer PT Tambang Batubara Bukit Asam (PTBA), and the South Sumatra provinci ...


Wednesday, 25 August 10
CME GROUP WILL LAUNCH NEW COAL CONTRACTS
Press Release: CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of trading and clearing ser ...


Tuesday, 24 August 10
INDIA IMPORTS 1.3 MILLION TONS COAL LAST WEEK
COALspot.com: India has imported  1.3 million tons of non - Coking coal and  468,229 Mt of coking coal for the period 16 - 22 August 2010 ...


   1128 1129 1130 1131 1132   
Showing 5646 to 5650 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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