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Wednesday, 29 April 09
NEW GOV'T REGULATION SHOULD INCORPORATE CONFLICT SETTLEMENT BODY - ICMA (MAJALAH TAMBANG)
A draft government regulation on mineral and coal is currently in a process of completion. The Indonesian Coal Mining Association (ICMA) proposed that a new body for conflict settlement be incorporated in the draft regulation. The new body would then be dependable for conflicts related to mining zones. ICMA further suggested that the regulation also endorses Initial Public Offerings (IPO) as a divestment model of foreign owned shares in Indonesia.
Supriatna Suhala, ICMA's Executive Director, revealed that the association had received four draft regulations on mineral and coal from the government, who is looking for inputs prior to the regulations' enactment. The four drafts would engage in several keypoints and activities in the new mining law: on mining zones, mining business, direction and supervision of mining, and on reclamation and post-mining.
In his assessment, the four draft regulations are still inadequate. On the issue of mining zones, for instance, there is no single mentioning of a conflict settlement body. To determine zonal areas for mining, the potential of a conflict is huge, therefore a special refereeing body is seen as a way to avoid frictions on the issue, said the spiritful Mr. Suhala. "In such a conflict, the body could ultimately decide on which sector to be given the opportunity to make use of the mining zone(s) first. In short, the body would be able to put the national interests above others," he added. In the past, the issue of overlapping of mining areas had among others pitted the mining sector against the forestry, the agricultural, and the environmental sectors.
Mr. Suhala also noted that a divestment obligation which should begin five years after the initial operation of a company here would only add to the corporation's woes. By then, companies would still be in debts to their financiers as their business are also still years away from their break even points.
On the discussion of mining business, Mr. Suhala stated that IPO is already a very transparent practice as a divestment model. "It should be conducted in the most transparent manner possible, otherwise it would not benefit (the sector)," he said.
Mr. Suhala then confirmed that ICMA would present all its views and suggestions during the next discussion on the draft regulations with the government and other stakeholders in the mining sector. The association has absolutely high hopes that when enacted, the bylaws would provide a certain support to create a more conducive investment climate in the mining sector.
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Monday, 16 March 09
COAL MINER BUKIT ASAM RECORDS 135% GAIN IN NET PROFIT FOR 2008 - THE JAKARTA GLOBE
Indonesia's state-owned coal miner PT Tambang Batubara Bukit Asam Tbk said its net profit jumped 135 percent last year, having sold more coal at hi ...
Saturday, 14 March 09
NATIONAL ALUMINIUM TO IMPORT COAL NEXT MONTH TO EASE SHORTAGE - BLOOMBERG
Bloomberg reported that, National Aluminium Co., India’s biggest alumina maker, plans to import as much as 150,000 metric tons of coal next mo ...
Friday, 13 March 09
VIETNAM APPROVES TWO COAL-FIRED POWER PLANTS TO MEET DEMAND -THANHNIENNEWS
Thanhnien News reported that, The government has approved a proposal to build two 2,400-megawatt coal-fired power plants in the provinces of Nam Din ...
Friday, 13 March 09
INDONESIAN STATE-RUN COMPANIES PROFIT MAY FALL 10% THIS YEAR -THANHNIENNEWS
Tanhnien news reported that, Indonesian state-run companies’ profits may fall about 10 percent this year as commodity prices decline, cutting ...
Thursday, 12 March 09
INDONESIA'S CIREBON ELEC IN TALKS ON COAL SUPPLIES - REUTERS
Reuters reported that, Indonesia's PT Cirebon Electric Power, an independent power producer, is in talks with a number of coal suppliers to seek a ...
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Showing 6841 to 6845 news of total 6871 |
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- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Indika Energy - Indonesia
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