post 1 Madhu koneru quotes about Mec investment and Infrastructure.

Madhu Koneru continued, To effectively and successfully develop large coal assets , investments in infrastructure must go beyond just connecting mines to market b ut also connect people and communities to opportunities so that they can attain their full potential. For MEC in Indonesia, this means investing in public-priva te partnership infrastructure to realise a world-class transportation infrastruc ture that supports the creation of opportunities not just for our business but e qually so for the larger community in which we operate. This approach underscore s a new model for the coal industry where we build the business on a solid progr am of infrastructure investment and sustainable social development instead of th e other way around. -------------------------post 2 madhu koneru quote about Mec coal participation in Indonesian Mine Industry There is every reason for MEC to proceed with its plans in Indonesia. Whilst the re may be disruptions, as seen last week, Indonesia is fundamentally very sound, with political and economic stability resulting from the competent leadership o f President Susilo Bambang Yudhoyono. We remain undeterred by last week s event an d have absolute confidence in Indonesia s future and the clear growth potential fo r the coal industry. Indonesia is the place to be when it comes to major league coal production becaus e it has vast and largely untapped coal resources which benefit from a strategic location in relation to China and India the world s two major epicenters for coal demand. In fact, Indonesia s largest coal reserves are found in Kalimantan. However, having large reserves of coal is just half the story. The right infrastr ucture must co-exist in order for there to be true economies of scale so that co al can be brought to market at the best quality and the best price. From that pe rspective, the development of the railway and the loading terminal in East Kutai is critical, and must continue, said Madhu Koneru. ------------------------post 3 madhu koneru, Indonesian coal expert, is now eyeing the big Indian coal market. Indonesian coal giant MEC Coal now is eyeing the big Indian coal market and is in talks with the country s leading power producers, Tata Power and Reliance Power for long term supply contracts. The company is also exploring an option of signing an off take pact as per which it may swap ownership with a potential partner to set up coal-fired power plant s here. Madhu Koneru, executive vice chairman of MEC Holdings, said, We are looking at su pplying coal worth Rs. 600-700 M $ per annum in the Indian markets. We are in fi nal stages of negotiations and the due diligence process is currently on. We exp ect to finalise things in two months time. Also, experts say that India is the next hot destination for coal exporters, as

it begins to displace Europe, thanks to a demand of a whopping 400 to 500 millio n tonnes over next 10 years. -----------------post 4 Madhu koneru quotes of Mec expanding plan of railway in Indonesia Madhu Koneru, MEC s executive vice chairman, said there was potential to expand th e 130-kilometre-long railway project, with scope to build as much as 1,000 km of railway in East Kalimantan. We are focusing on the (current) railway project, and that is long-time construct ion, Koneru said, speaking on the sidelines of an infrastructure conference in Ja karta. Technically yes there is potential (to extend the railway), commercially yes ther e is potential we have planned for expanding the railway if it makes logical sense going forward, he said. MEC has a licence for a 5,000 hectares coal mine in East Kalimantan and has alre ady finished exploration works, Koneru said. It has close to 2 billion tonnes of coal reserves in the East Kalimantan mine and about 30 percent of production wi ll go to the domestic Indonesian market while 70 percent will be exported to Ind ia and China. He said production would start about six to eight months before the railway begi ns operations. --------------------post 5 madhu koneru quotes how greatful the Indonesian government has been in welcoming foreign investors. We are generally pleased with how our business in Indonesia is unfolding. The lo cal governments of South Sumatra and East Kalimantan have welcomed our partnersh ip, and their commitment goes beyond any incentives that could be offered. The R egency of East Kutai, East Kalimantan Province, has just granted us the requisit e licence for the rail network. This is the first licence ever awarded to a corp orate entity. We value this trust very much and we aim to fulfil our commitment to contribute to the lasting socio-economic growth of the region. Of course, there are pros and cons to doing business in Indonesia, and there are risks associated with coming in at the early stages of any developing country. We are willing to take and manage these risks. We have begun to understand what it takes to deal with the government and key stakeholders, and we continue to le arn. It also helps that the culture of Indonesia is very similar to what we are used to in the emirates, and the fact that Indonesia is predominantly a Muslim c ountry is an advantage that we leverage. Regulation wise, things are not perfect , but they are improving. The recently enacted new mining law, for example, is f ar more investor-friendly and contains more legislative certainty than the previ ous law. We are looking forward to seeing more business-friendly initiatives fro m the government as we do intend to be around as a long-term investor. --------------------post 6

madhu koneru's plan of swapping equity in Indian power projects with committed c oal supplies. madhu koneru said, " We have got the coal resources and we are investing very hi gh capex in Indonesia for accessing the coal. At the same time, there are lots o f power companies investing high capex on their power plants. Since we are inves ting such high capex in Indonesia, we need long-term customers for 15 to 20 year s. On the other hand, power companies need 15 to 20 years of coal supplies. These types of deals ensure that the power players concentrate on their core bus iness and we can also concentrate on our core business. From ownership point-ofview, we can have a swap deal which will give confidence to both players. We expect the first of such deals to happen within the next couple of months. We understand that MEC Coal has entered into an agreement with the public sector National Aluminium Company Ltd for exporting coal and even setting up a large c aptive power plant. NALCO has been looking at putting up a smelter outside India. We have persuaded them to put it up in our mine. Primarily, we will be supplying the coal. NALCO w ill own 74 per cent and around 26 per cent will be owned by us. NALCO is the major shareholder- it s their money and their major decisions. Our jo b is to basically supply the coal and we are very happy doing that since, then, we create some domestic consumption". ------------------post 7 Madhu koneru quotes to lease Indonesian formland In that area there is about 400,000 hectares of available land to lease and we ar e planning to lease around 100,000 hectares of that, We are will be looking for partners for this project from the Middle East, becaus e primarily the Middle East has been aggressive at trying to secure its food sup plies, The moment agriculture comes in we would need fertilizers and this would give us the opportunity to develop and expand our minerals business, MEC, previously known as Middle East Coal, has expanded plans for the East Kalim antan region since first announcing its interest in a coal mine there in January 2008. The company plans to invest $5.2 billion in infrastructure in the region to buil d a smelter, railway, and a power plant, the head of Indonesia s investment agency (BKPM) said last month. Involvement in farmland could also lead MEC to develop a fertilizer business in the region, Koneru said ------------------------post 8 Mec mine proect is mre relying on Rail proect MEC Holdings says its Kalimantan project will not start significant coal product ion to meet Chinese and Indian demand until 2013 because of delays to building a railway line from the mine.

The UAE firm expects the line to open at the end of 2012, before the mine ships 14 million tons in 2013 to Asian utilities, executive vice chairman Madhu Koneru said. He said the firm was in talks with India s top five private power producers, inclu ding Tata Power and JSW Energy, and two Chinese firms, with Indonesian domestic demand another possible future outlet. MEC said last December it expected to ship two million tons of Indonesian coal t his year to India, ahead of the railway s completion, but now it would wait for th e railway as utilities planned their expansion around securing coal supplies. We re not doing a road. We re putting all our effort into the railway, Koneru said.

Construction had been delayed by six months but the firm now had the cooperation agreements for the land acquisition. Koneru said the company had appointed Standard Chartered as lead arranger for a $750 million loan for the railway, which it expected to get within four months. MEC is investing $1 billion in the railway to take coal from its mine to a port in an undeveloped part of Kalimantan, plus $4.2 billion in an associated smelter and power plant with Indian aluminium producer Nalco. The problems of doing such infrastructure projects in Indonesia mean the country s plans to unearth and export vast coking coal resources from Kalimantan could st umble, resulting in little relief for a tight global market. -------------------post 9 MEC will supply six or seven million tons a year ex-mine to Nalco, while shipmen ts for export via the railway are expected to rise to 23 million tons in 2014 an d 34 million in 2015. Koneru said he expected the coal, with a low calorific value of 3,800 gross-as-r eceived, to sell for $26 to $32 a ton in 15-year deals. Benchmark Australian coal prices are around $94 a ton, after hitting an 18-month high in April. We don t care what the spot prices are. Investing $1 billion in project financing i n Indonesia is going to be much more difficult than $1 billion of project financ ing in Australia. The banks want to see a clear revenue stream, Koneru said. Indonesia said on Wednesday that foreign direct investment was expected to incre ase by about 25 percent this year, showing investors are increasingly willing to take longer-term bets on a country seeing strong inflows into its stocks and bo nds. Direct investment faltered in recent years on concerns over corruption, red tape and a shaky legal system, though Koneru said that sentiment on Southeast Asia s t op economy was now more positive. -------------------------post 10

The United Arab Emirates was eyeing investments in Indonesia s geothermal industry , Indonesian Foreign Affairs Minister Marty Natalegawa said on Tuesday. Indonesia has huge potential to be the world s largest geothermal energy producer w hile the UAE, as chairman of the International Renewable Energy Agency, is willi ng to promote the use of environmentally friendly energy to the world, Marty said after meeting his counterpart from the UAE, Sheikh Abdullah bin Zayed Al Nahyan , in Jakarta. Abdullah said the UAE appreciated Indonesia s efforts in fighting climate change t hrough the use of renewable energy. The UAE was also looking to invest in other sectors, including infrastructure, a griculture and tourism, Marty added. President Susilo Bambang Yudhoyono earlier said the country aimed to become the world s top user of geothermal energy. Indonesia currently ranks third in the sector after the United States and the Ph ilippines. To accelerate the development of geothermal power plants, the government would l ook to cooperate with international financial institutions and donor countries, Yudhoyono said. The government has set itself a target of attracting around $12 billion in new i nvestment for the sector to boost geothermal energy production to 3,977 megawatt s as part of phase two of its 10,000 MW power development project. Separately, Ras Al Khaimah, one of the emirates, on Tuesday confirmed plans to i nvest $5 billion in Indonesian construction projects as part of a joint venture with Trimex Group. MEC Holdings, the venture overseeing all of Ras Al Khaimah and Dubai-based Trime x s Indonesian projects, would spend $1 billion to build 130 kilometers of railway in Kalimantan, its executive vice chairman, Madhu Koneru, said on Tuesday. According to MEC, the rail link would be used to transport as much as 64 million metric tons of coal a year. Construction will start in 2012 and we expect to complete the project in 2014, Kon eru said after meeting Alwi Shihab, Indonesia s special envoy to the Middle East. MEC Holdings would also invest $500 million to develop a coal mine in Muara Waha u, East Kalimantan, and build a port with an annual capacity of up to 34 million tons, Koneru said. The venture also plans to team with India s National Aluminum Co. to build a 500,0 00-ton aluminum smelter and a $3.5 billion power plant in East Kalimantan. ------------------post 11 Coal can be an alternative energy source to oil for the UAE By Hamed Al Sewerky Published Tuesday, October 28, 2008

Madhu Koneru (SUPPLIED) The UAE's construction boom is creating massive demand for energy and coal could help meet this need, says Madhu Koneru, Managing Director of Ras Al Khaimah Min erals & Metals Investments (RMMI). RMMI was established in 2005 as a joint ventu re between the Ras Al Khaimah Investment Authority (Rakia) and India's Trimex Gr oup. RMMI's mandate is to extend Ras Al Khaimah's long-term investment strategy in the minerals and metals sector. In this interview with Emirates Business Kone ru assesses the energy and renewables situation in the UAE.

What do you think the outlook is for the energy sector worldwide? Global energy needs are projected to grow by 55 per cent between 2005 and 2030 a t an average annual rate of 1.8 per cent, with almost half of the growth due to soaring demand in China and India. Fossil fuels will account for 84 per cent of the overall increase in demand between 2005 and 2030 and electricity use will ne arly double, with most new plants burning coal. Coal is being touted as an alter native energy source to oil. The UAE imported nearly 500,000 tonnes of coal in 2 007, most of which was destined for energy supply. In the private sector manufac turers and metal processing plants are heavily dependent on the availability of electricity and closing this energy gap is a key issue for them. Ageing less-pro ductive oilfields and resistance among major oil exporters to build spare capaci ty will make crude oil and natural gas more expensive. There is a need for devel oping countries to turn increasingly to coal as fuel. What does the future hold for the sector in the UAE? Production of oil and natural gas has increased at a tremendous rate. Although c onsumption has not yet reached the same level as production it continues to incr ease steadily. If energy production continues at the same rate oil and natural g as resources will become depleted and alternative fuels such as coal will need t o be considered to sustain the UAE. How successful are the renewable energy initiatives being undertaken by some of the emirates? The UAE has been taking some groundbreaking steps in terms of looking for altern ative energy solutions and reducing carbon emissions in Abu Dhabi and Dubai. It is well known that Dubai is developing an environmental master plan that will en sure that growth and progress are achieved while protecting the environment. Dem and-side management of electricity will play a role, as will public transport se rvices such as the Dubai Metro which will reduce the number of cars on the roads . So far it would appear that the initiatives in Dubai have been reasonably succ essful with increased awareness of the benefits of reducing carbon emissions as well as recycling waste. Abu Dhabi is currently pursuing groundbreaking renewabl e energy programmes that underscore a commitment to the global environment while also developing a new industry to help diversify the UAE's economy. The Masdar Initiative is focusing on the development and commercialisation of technologies related to renewable energy, energy efficiency, carbon management and monetisati on, water usage and desalination. What is the situation in RAK? In terms of renewal energy initiatives Ras Al Khaimah is working on cutting-edge solar technology to harness the sun's rays. We're also aware of work on a proto type of a floating solar island currently being developed at the headquarters of the Swiss centre of electronic and micro technology in the emirate. Funded by t

he government of RAK, the $5 million (Dh18.35m) project equipped with thermal so lar panels will be tested in the desert before being launched at sea. The projec t consists of a thermal energy reservoir and will provide an energy supply 24 ho urs a day, irrespective of time of day or night. The solar energy will be used f or water taxis, parking meters, street lights and bus shelters. Also the RAK Gov ernment is investing heavily in coal as a viable alternative energy source throu gh RMMI, enabling it to bridge current energy gaps. The strategy is to gain a fo othold directly at the source of the commodities in resource-rich regions, direc tly hedging against future infrastructure costs. Where does your company operate overseas? Although a young company, RMMI has emerged as a highly successful investment arm of Rakia and is now a fully fledged Middle East mining company, managing 23 lic ences in Indonesia, Congo and Armenia and recently in Australia. RMMI will inves t $1 billion during 2008 towards building an asset base exceeding $4bn. RMMI's s trategic focus is on the investment in, and development and operation of, mining businesses to rapidly generate growth across minerals and metals investments. W ith an emphasis on the long-term, RMMI adheres to an investment matrix of metals , minerals and energy, targeting mid-size companies and independent mine owners who represent one of the fastest-growing segments in the industry. Madhu Koneru: Managing Director of Ras Al Khaimah Minerals & Metals Investments Madhu Koneru obtained a bachelor's degree in commerce from Delhi University and started his career with the Trimex Group in 1992 as a trainee. Three years later he was appointed General Manager and he became the company's Executive Director in 1996. He was also a director of Al Ghanem Industrial Company, Kuwait, and TJ Shipping and Logistics. In his role as Managing Director of RMMI on behalf of Trimex, Koneru is focused on building RMMI into a world-leading mining solutions provider. He is a member of the Young Entrepreneurs Organisation, India, a charter member of the Indus Entrepreneurs in Dubai and a member of the Indian Business and Prof essional Council in Dubai. In 2007 he won the Asian Business Award Middle East f or Young Asian Achiever of the Year. He has been instrumental in facilitating bi lateral initiatives between the governments of Dubai and Ras Al Khaimah and Indi a. --------------------------post 12 Building A Road To Link 3 Giants S.K. Zainuddin | June 02, 2009 Madhu Koneru is building a road to the future that will bring together the finan cial heft of the Middle East, the technological know-how of a rising India and t he vast natural resources of emerging Indonesia. The $800 million infrastructure project his company, RAK Minerals & Metals Inves tments, is undertaking in Kalimantan will provide better access to the rich coal deposits there and create new opportunities and thousands of jobs. The project includes a 135-kilometer rail line, a road and a coal terminal. The next stage of the project will include a $3 billion smelter and 1,400-megawa tt power plant, which Koneru said would create 3,000 new jobs in the future.

This is not rocket science, he said. We are developing traditional infrastructure t hat creates employment and industrial growth using Indonesian coal as the base. RMMI, a joint venture between India s Trimex Group and the United Arab Emirates, h as been working on the railway project for the past two years and expects to com plete it in the third quarter of 2010. It hopes to have the smelter and power pl ant completed in the next five years. RMMI was founded in 2007 with an investment of $200 million, and has grown into a global conglomerate with an asset base of more than $4 billion. The company ha s expanded into Africa, Europe, India and the Middle East. Last year, it establi shed Middle East Coal to manage the group s coal investments in Indonesia . Koneru said the global credit crunch had not affected the appetite among Middle Eastern investors for opportunities in this region, and in Indonesia in particul ar. RMMI aims to be at the forefront of the coming wave of investment to link th e Middle East, India and Indonesia. The combination of India, UAE and Indonesia is the right mix and is a proven form ula, he said. It s an example of how things can move forward between three countries that are so close to each other. India, he said, is a big market for Indonesian coal and thus has a natural inter est in being part of the growth story in this country. India imports 100 million tons of coal each year to feed its growing energy needs and Indonesia is one of its biggest suppliers. Doing business in Indonesia, he said, had its own unique challenges, but was no different from other countries RMMI has investments in, such as Congo and Armeni a. It took the company four months to get the necessary paperwork done for its r ailway line and coal terminal. But not all of its investments in Indonesia have proceeded so smoothly. RMMI s $1. 5 billion investment in the Tanjung Api-Api integrated port project in South Sum atra hit some snags over land acquisition for the development. In South Sumatra, we have had some problems with the land for the port, but when that issue is cleared we will go back, Koneru said. Infrastructure specialist Scott Younger, chief commissioner of Glendale Partners , said the project would open up access through the heart of East Kalimantan, wh ere the development of smaller and mid-sized coal mines has proceeded slowly due to a lack of supporting infrastructure. The RMMI railway is expected to connect six coal mines in the region, but it is unclear how many of these mines have signed up so far. This project has been on t he cards for a long time and [RMMI] are the right people to develop it, Younger s aid. Given the mountainous terrain and thick rainforest in Kalimantan, the region is largely uninhabited, except for local tribes. It is hoped that with the road and railway track, the region may attract migrant s as new industries open up, fuelling development and urban growth. S.K. Zainuddin is Globe Asia magazine s editor-in-chief -------------------post 13

Madhu koneru, Trimex group will be investing Rs. 4,000 crore for extraction of m inerals from the beach sands Group Director of the company Madhu Koneru said that it would establish faciliti es for the production of Titanium Dioxide pigments for which there were applicat ion available in paints and allied areas . Trimex group will be investing Rs. 4,000 crore in Srikurmam Mineral Sands for ex traction of minerals in the beach sands of Srikakulam district at three differen t locations Srikurmam, Bhavanapadu and Calingapatnam in the next 10 years. The project which was commenced with an initial investment of Rs. 250 crore is a lready producing 200,000 tonnes per annum (TPA) of Ilmenite, while it targets to produce Titanium by 2017. The company, which was into logistics and minerals, had passed through the rigma role of obtaining licenses, which took a very long time. It was almost a decade-long process from the conception level to the current sta ge, but it would consume an equal amount of time anywhere else too. Consequent u pon the permission granted by the Centre, the State Government approved the prop osal of the company to extract minerals from the beach sands. The extracted minerals had great demand in the international market and the comp any was making efforts to create demand for some of them even in the domestic ma rket, he disclosed. Trimex was currently producing 6,000 TPA each of Rutile, and Zircon, 60,000 TPA of Garnet and 50,000 TPA of Silimanite. The products would be used in the manufa cture of paper, paints, ceramics, abrasives, cosmetics, insulation, leather, gla ss products, artificial gems, aircraft parts, artificial human joints and filtra tion media. find more related details from :http://www.trimexgroup.com/p_201006_trimex_to_invest.asp -------------------------Madhu koneru says The combination of India, UAE and Indonesia is the right mix an d is a proven formula . The combination of India, UAE and Indonesia is the right mix and is a proven form ula, he said. It s an example of how things can move forward between three countries that are so close to each other. India, he said, is a big market for Indonesian coal and thus has a natural inter est in being part of the growth story in this country. India imports 100 million tons of coal each year to feed its growing energy needs and Indonesia is one of its biggest suppliers. Doing business in Indonesia, he said, had its own unique challenges, but was no different from other countries RMMI has investments in, such as Congo and Armeni a. It took the company four months to get the necessary paperwork done for its r ailway line and coal terminal. But not all of its investments in Indonesia have proceeded so smoothly. RMMI s $1. 5 billion investment in the Tanjung Api-Api integrated port project in South Sum

atra hit some snags over land acquisition for the development. In South Sumatra, we have had some problems with the land for the port, but when that issue is cleared we will go back, Koneru said. Infrastructure specialist Scott Younger, chief commissioner of Glendale Partners , said the project would open up access through the heart of East Kalimantan, wh ere the development of smaller and mid-sized coal mines has proceeded slowly due to a lack of supporting infrastructure. Given the mountainous terrain and thick rainforest in Kalimantan, the region is largely uninhabited, except for local tribes. It is hoped that with the road and railway track, the region may attract migrant s as new industries open up, fuelling development and urban growth. find more interesting details from :http://www.thejakartaglobe.com/analysis/building-a-road-to-link-3-giants/278805 http://www.indianexpressions.com/pdf/press-releases/aba-me/ABAMEDec9_2007_Winner s.pdf ------------------------------Madhu koneru, Mec coal mine is more relying on Rail project MEC Holdings says its Kalimantan project will not start significant coal product ion to meet Chinese and Indian demand until 2013 because of delays to building a railway line from the mine. The UAE firm expects the line to open at the end of 2012, before the mine ships 14 million tons in 2013 to Asian utilities, executive vice chairman Madhu Koneru said. He said the firm was in talks with India s top five private power producers, inclu ding Tata Power and JSW Energy, and two Chinese firms, with Indonesian domestic demand another possible future outlet. MEC said last December it expected to ship two million tons of Indonesian coal t his year to India, ahead of the railway s completion, but now it would wait for th e railway as utilities planned their expansion around securing coal supplies. We re not doing a road. We re putting all our effort into the railway, Koneru said.

Construction had been delayed by six months but the firm now had the cooperation agreements for the land acquisition. Koneru said the company had appointed Standard Chartered as lead arranger for a $750 million loan for the railway, which it expected to get within four months. MEC is investing $1 billion in the railway to take coal from its mine to a port in an undeveloped part of Kalimantan, plus $4.2 billion in an associated smelter and power plant with Indian aluminium producer Nalco. The problems of doing such infrastructure projects in Indonesia mean the country s plans to unearth and export vast coking coal resources from Kalimantan could st umble, resulting in little relief for a tight global market. to find more relative information:-

http://www.business-standard.com/article/companies/mec-appoints-enam-securitiesas-its-investment-banker-109100600186_1.html http://www.thejakartaglobe.com/bisindonesia/mecs-kalimantan-mine-delayed-by-rail -line-plans/388293 ----------------------------------Madhu Koneru is building a road to the future that will bring together the finan cial heft of the Middle East. Madhu Koneru is building a road to the future that will bring together the finan cial heft of the Middle East, the technological know-how of a rising India and t he vast natural resources of emerging Indonesia. The $800 million infrastructure project his company, RAK Minerals & Metals Inves tments, is undertaking in Kalimantan will provide better access to the rich coal deposits there and create new opportunities and thousands of jobs. The project includes a 135-kilometer rail line, a road and a coal terminal. The next stage of the project will include a $3 billion smelter and 1,400-megawa tt power plant, which Koneru said would create 3,000 new jobs in the future. This is not rocket science, he said. We are developing traditional infrastructure t hat creates employment and industrial growth using Indonesian coal as the base. RMMI, a joint venture between India s Trimex Group and the United Arab Emirates, h as been working on the railway project for the past two years and expects to com plete it in the third quarter of 2010. It hopes to have the smelter and power pl ant completed in the next five years. RMMI was founded in 2007 with an investment of $200 million, and has grown into a global conglomerate with an asset base of more than $4 billion. The company ha s expanded into Africa, Europe, India and the Middle East. Last year, it establi shed Middle East Coal to manage the group s coal investments in Indonesia . Koneru said the global credit crunch had not affected the appetite among Middle Eastern investors for opportunities in this region, and in Indonesia in particul ar. RMMI aims to be at the forefront of the coming wave of investment to link th e Middle East, India and Indonesia. The combination of India, UAE and Indonesia is the right mix and is a proven form ula, he said. It s an example of how things can move forward between three countries that are so close to each other. India, he said, is a big market for Indonesian coal and thus has a natural inter est in being part of the growth story in this country. India imports 100 million tons of coal each year to feed its growing energy needs and Indonesia is one of its biggest suppliers. Doing business in Indonesia, he said, had its own unique challenges, but was no different from other countries RMMI has investments in, such as Congo and Armeni a. It took the company four months to get the necessary paperwork done for its r ailway line and coal terminal. But not all of its investments in Indonesia have proceeded so smoothly. RMMI s $1. 5 billion investment in the Tanjung Api-Api integrated port project in South Sum atra hit some snags over land acquisition for the development. In South Sumatra, we have had some problems with the land for the port, but when that issue is cleared we will go back, Koneru said.

Infrastructure specialist Scott Younger, chief commissioner of Glendale Partners , said the project would open up access through the heart of East Kalimantan, wh ere the development of smaller and mid-sized coal mines has proceeded slowly due to a lack of supporting infrastructure. The RMMI railway is expected to connect six coal mines in the region, but it is unclear how many of these mines have signed up so far. This project has been on t he cards for a long time and [RMMI] are the right people to develop it, Younger s aid. Given the mountainous terrain and thick rainforest in Kalimantan, the region is largely uninhabited, except for local tribes. It is hoped that with the road and railway track, the region may attract migrant s as new industries open up, fuelling development and urban growth. S.K. Zainuddin is Globe Asia magazine s editor-in-chief find more details from :http://www.thejakartaglobe.com/analysis/building-a-road-to-link-3-giants/278805 ---------------------------------madhu koneru quotes how greatful the Indonesian government has been in welcoming foreign investors. We are generally pleased with how our business in Indonesia is unfolding. The lo cal governments of South Sumatra and East Kalimantan have welcomed our partnersh ip, and their commitment goes beyond any incentives that could be offered. The R egency of East Kutai, East Kalimantan Province, has just granted us the requisit e licence for the rail network. This is the first licence ever awarded to a corp orate entity. We value this trust very much and we aim to fulfil our commitment to contribute to the lasting socio-economic growth of the region. Of course, there are pros and cons to doing business in Indonesia, and there are risks associated with coming in at the early stages of any developing country. We are willing to take and manage these risks. We have begun to understand what it takes to deal with the government and key stakeholders, and we continue to le arn. It also helps that the culture of Indonesia is very similar to what we are used to in the emirates, and the fact that Indonesia is predominantly a Muslim c ountry is an advantage that we leverage. Regulation wise, things are not perfect , but they are improving. The recently enacted new mining law, for example, is f ar more investor-friendly and contains more legislative certainty than the previ ous law. We are looking forward to seeing more business-friendly initiatives fro m the government as we do intend to be around as a long-term investor. for more related information s:http://www.indonesiainfrastructure.org/media/APMCExecutiveReport2010.pdf -------------------------madhu koneru, Indonesian coal expert, is now eyeing the big Indian coal market. Indonesian coal giant MEC Coal now is eyeing the big Indian coal market and is i n talks with the country s leading power producers, Tata Power and Reliance Power for long term supply contracts.

The company is also exploring an option of signing an off take pact as per which it may swap ownership with a potential partner to set up coal-fired power plant s here. Madhu Koneru, executive vice chairman of MEC Holdings, said, We are looking at su pplying coal worth Rs. 600-700 M $ per annum in the Indian markets. We are in fi nal stages of negotiations and the due diligence process is currently on. We exp ect to finalise things in two months time. Also, experts say that India is the next hot destination for coal exporters, as it begins to displace Europe, thanks to a demand of a whopping 400 to 500 millio n tonnes over next 10 years. find more details from ;http://madhukoneru.livejournal.com --------------------madhu koneru s plan of swapping equity in Indian power projects with committed coa l supplies. madhu koneru said, We have got the coal resources and we are investing very high capex in Indonesia for accessing the coal. At the same time, there are lots of power companies investing high capex on their power plants. Since we are investi ng such high capex in Indonesia, we need long-term customers for 15 to 20 years. On the other hand, power companies need 15 to 20 years of coal supplies. These types of deals ensure that the power players concentrate on their core bus iness and we can also concentrate on our core business. From ownership point-ofview, we can have a swap deal which will give confidence to both players. We expect the first of such deals to happen within the next couple of months. We understand that MEC Coal has entered into an agreement with the public sector National Aluminium Company Ltd for exporting coal and even setting up a large c aptive power plant. NALCO has been looking at putting up a smelter outside India. We have persuaded them to put it up in our mine. Primarily, we will be supplying the coal. NALCO w ill own 74 per cent and around 26 per cent will be owned by us. NALCO is the major shareholder- it s their money and their major decisions. Our jo b is to basically supply the coal and we are very happy doing that since, then, we create some domestic consumption . for more informations :http://www.projectsmonitor.com/COAL/india-has-the-potential-to-be-indonesias-clo sest-partner -------------------------------Madhu koneru, MEC coal transportation projects to start in Indonesia in 2013 The Jakarta Globe reported that 5 projects in mineral and coal worth in total ID R 84.7 trillion are expected to break ground in Indonesia next year. According to a document from the Energy and Mineral Resources Ministry The five p rojects are part of the IDR 4,000 trillion Master Plan for the Acceleration and Expansion of Indonesia s Economic Development (MP3EI), which divides Indonesia int o six economic corridors and assigns each one with sectors to focus on for econo mic growth.

Ministry official Mr Tatang Sabaruddin said the projects are expected to create value added to the economy and infrastructure development. He said n a bid to develop the projects, the government s money will be complemente d by that of state companies and the private sector, he said recently. find more related news from :http://www.steelguru.com/raw_material_news/MEC_coal_transportation_projects_to_s tart_in_Indonesia_in_2013/274148.html -------------------------------------Madhu koneru mec coal port study work in PDF Minerva developed a stockpile to reclaim coal using skid mounted feeders. Total capacity 0.75Mtonnes. 8000tph train unloading system. Project Description:MEC Coal mine is located in East Kalimantan.Trains from the mine deliver coal in to the port where unloading, stock piling, reclaiming and ship loading occurs. 10000tph ship loader 30MTPA export -60mm coal. Future 60MTPA capacity. Trains are unloaded at a rate of 8000t/h direct to ship or 550ktonne stockpile.S hip loading and Barge Loading Ships are loaded at a maximum rate of 10 000t/h. find more info :http://minervaeng.com.au/attachments/MEC%20Port.pdf --------------------------------------