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Thursday, 05 August 10
MORATORIUM MAY HURT NEW PROJECTS: MINING GROUP
 The government’s proposed two-year moratorium on issuing new concessions to convert forests and peatlands to other uses may hinder new mining projects, a business association says, as reported by The Jakarta Post.
“The development of new mining projects might be delayed due to the moratorium. Mining projects such as BHP’s project in Maruwai could be affected,” Supriatna Suhala, executive director of the Indonesian Coal Mining Association (ICMA), told reporters Wednesday.
BHP Billiton, the world’s largest mining company, and local partner PT Adaro Energy are developing the Maruwai coal project in East and Central Kalimantan and waiting for forest land-use permits from the government. BHP said their concession held 774 million tons of undeveloped metallurgical and thermal coal.
Supriatna added that the moratorium might also affect the existing companies who need to expand their concessions. “There are some companies whose forest land-use permits will expire within two years. They may have to stop operating,” he added.
The moratorium was still under discussion and the association had submitted their views to the Forestry Ministry, Supriatna added.
In late May, the government signed an agreement with Norway to implement a two-year moratorium on forest conversions to reduce carbon emissions.
In exchange, Indonesia will receive a US$1 billion grant to reduce deforestation.
The government is preparing a presidential decree to implement the agreement.
Indonesia Mining Association (IMA) executive director Priyo Pribadi Soemarno said he was more concerned about the draft presidential decree draft than the agreement with Norway .
“The agreement only says the moratorium is aimed at reducing emission by halting forest use permits for natural forests and peat forests. We fully support this as most mining operations in Indonesia are outside natural forests and peatlands,” Priyo said.
He added that the draft raised more concerns as there was an article stating that the government would review previously-granted concessions.
“This reflects an effort to withdraw what has been given and this will have a bad effect on investment,” Priyo said.
Even without the moratorium, many mining projects, such as the $500 million zinc and black tin project by Dairy Prima and the Elang copper project by PT Newmont Nusa Tenggara, have been in limbo for years due to permit problems, he said.
Both projects are stuck because the permits have not been granted yet by the government.
Priyo said that eight projects were in a similar situation.
“Around $14 billion in potential investment in these projects have been delayed due to this problem,” he said.
Masnellyarti Hilman, a deputy minister for nature conservation enhancement and environmental degradation control at the Environment Ministry said that the conflict between mining activities and environmental issues have always been one sided.
“We always talk about the mining sector contribution to the state budget, but we never discuss on how much the government has to spend for disasters caused by environmental damage,” she said.
Source: The Jakarta Post
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Friday, 20 August 10
POWER COS SEEK MINING PARTNERS TO BID FOR 1,920-MW PROJECT
"A joint venture between the Maharashtra and Tamil Nadu governments for a pit-head power project, has been allotted the biggest coal block yet ...
Thursday, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
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- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- VISA Power Limited - India
- White Energy Company Limited
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Planning Commission, India
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Coal and Oil Company - UAE
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
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