Hardeo Damanka Project Introduction
PT Hardeo Mines is a wholly owned subsidiary of leading Liquor manufacturing company Konkan Agro Marine Industries Pvt. Ltd. Focused to work towards sustainable development and rapid economic growth in the area of Coal mining PT Hardeo Mines was incorporated in Indonesia in the year 2009. The main object of the company is to conduct exploration and mining of coal on a mining concession area covering 4923 ha. and to sale/export the same in India and / or other countries. PT Hardeo Mines has entered into an exclusive arrangement with PT Damanka Prima to carry out the said activities and hence Hardeo Damanka Project evolved.
Promoter’s and Directors of Hardeo Mines have decided to proceed with the development of mines with a production capacity of 2 million tonnes per annum following detailed study of prospects close to sangatta. The Concession (Mining area) has substantial quantity of high quality coal reserves and is close to coast line with deep water and is strategically located to services growing markets.
Mine operations are located around Sangatta, the capital of the East Kutai Regency (Kutim), in the East Kalimantan province of Indonesia. The town is on the Sangatta River, 50 km north of the equator on the east coast of Kalimantan Island, 180 km north of the provincial capital Samarinda and 310 km north of the major population centre of Balikpapan.
PT Hardeo’s Mine at Sangatta is close to the Sea and River thereby providing easy facilities for transport of coal. The Sea cost is linked to a mine by 9 km hauling road where the Jetty at Sea located, and Anchorage where the ship can be loaded is from the Jetty.
PT Hardeo Mines is incorporated in Indonesia in accordance with the Indonesia Law. The Broad details of the company incorporated and its Management are enumerated as under:
The Company is domiciled in Jakarta, Indonesia.
2. Purpose and Objectives
The purpose and objectives of the Company are to engage in the fields of trading, construction, mining, Industry, transportation, and services. In order to achieve its purpose and objectives, the company can, among others, exploit and excavate minerals, metals and coals.
2. Board of Directors and Board of Commissioners
(a) Board of Directors
(b) Board of Commissioners
|President Director :||Vishal Jaiswal||President Commissioner :||Vaibhav Jaiswal|
|Director :||Jeewan Patil|
• Vishal jaiswal : President Director
Vishal Jaiswal, President Director of PT Hardeo Mines, aged about 42 years is very youthful, dynamic and energetic businessman. He is successfully managing the business affairs of the family since over a decade. He is very well-known person in the commercial sphere and enjoys a very good rapport in the business community. He has a positive and optimistic approach and to his credits is implementation of four major projects and has 18 years of experience in business behind him. He plays a very vital role in taking all the major strategic decisions in the business.
• Jeewan Patil: Director
A science graduate and a qualified Chartered Accountant from the Institute of Chartered Accountants of India. He had practiced as a Chartered Accountant for ten years. He is director and managing the affairs of M/s Vaibhav Liquors Pvt. Ltd, since 1993, having a distillery unit at keshvnagar, Maslapen, Tal: Risod Dist: Washim manufacturing rectified spirit from Molasses and Ethanol or blending with petrol. He is rich in experience and is a man of repute and good conduct.
• Vaibhav Jaiswal: President Commissioner
Vaibhav Jaiswal, President Commissioner of PT Hardeo Mines, aged about 39 years is also very youthful, dynamic and energetic businessman. He is a Commerce graduate . He is successfully managing the business affairs of the family since over a decade. . He is very well-known person in the commercial sphere and enjoys a very good rapport in the business community. He is one of the key person in achieving the family business growth.