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, 11 August 10
BANPU SECURES TAKEOVER LOAN - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, has secured loans worth US$2 billion from Thai and foreign banks to proceed with ...


Tuesday, 10 August 10
KOREA'S EWP TO BUY 4 MILLION TON OF 3700 AND 4600 NAR COAL AT FIXED PRICE
COALspot.com: Korean utility East-West Power out with the tender to buy 0.670 million tons with a minimum calorific value of 4600 NAR and 0.350 mill ...


Tuesday, 10 August 10
COAL CONSTRAINS CORE SECTOR GROWTH IN JUNE 2010
Growth in the six key infrastructure sectors decelerated for the third month in June. This is primarily due to last year’s high base effect. D ...


Sunday, 08 August 10
SOUTH AFRICA INCREASES COAL EXPORTS TO INDIA BY 74% IN JULY, TRADER SAYS
South Africa’s Richards Bay, the continent’s largest coal terminal, increased sales to India by 74 percent in July from June, according ...


Saturday, 07 August 10
INDIAN COAL IMPORTS WILL PLAY AN IMPORTANT PART IN KEEPING THE FREIGHT MARKET FIRM IN FUTURE - VISTAAR
COALspot.com: The freight market was volatile with market ending firmed and the BDI crossing 2000 points up by 3 pct, however the BCI was up by 14 p ...


   1133 1134 1135 1136 1137   
Showing 5671 to 5675 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 ...

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