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Friday, 08 May 09
INDONESIAN STATE AUDIT BOARD COULD ONLY REACHED A SMALL NUMBER OF KP AND PKP2B - MAJALAHTAMBANG
 THE LACK of personnel and the very limited time period have been the reasons why the 2nd semester of the special purpose audit for coal mining management, conducted by the Audit Board of the Republic of Indonesia (BPK in its Indonesian abbreviation), could only reach hundreds of Mining Authorization (KP in its Indonesian abbreviation) and 20 Coal Contract of Work (PKP2B in its Indonesian abbreviation).
“Nevertheless, there is the chance that we are conducting the next audit for the same theme this semester,” Dwi Sabardiana, the Head of Sub-Auditoriat IV.B.1 BPK, claimed during an interview on 28 April 2009.
He further explained that BPK has scheduled for an audit for coal mining management since 2007.
Subsequently, Herman Widyananda, a staff for BPK in charge of resources management, assigned the auditors under the responsibility of Hadi Prianto as the Tortama IV BPK. Dwi Sabardiana was appointed as field coordinator for a total of 200 auditors working for the investigation on coal mining management.
The field auditing was effective on September 2008, during the fasting month for Moslems. “We have to go to remote mining areas during fasting,” Dwi Sabardiana expressed.
However, due to the lack of data accuracy, especially for those with the status of KP which are mostly located in remote areas, the team could only manage to audit 20 PKP2B and several hundreds of KP.
The audit discovered 86 cases of Intern Control System flaw, 9 cases involving criminal violation, 42 cases of state’s revenue shortfall, 9 cases of unpaid reclamation fund, 56 cases of environmental damages, and another 10 cases, which have a potential to book IDR 2.69 trillion and USD 778.8 million of state’s loss.
“How many KPs are there in Indonesia? Only God knows,” Dwi Sabardiana expressed his frustration on the inaccurate data of coal mines in Indonesia.
He confirmed that the estimation numbers of existing KP is more than 4,000, so there were so many who has not been audited by BPK yet.
Furthermore, the audit took place only in 4 coal producer provinces, i.e. East Kalimantan, Central Kalimantan, South Kalimantan, and South Sumatera.
“If we can reach more KPs, there would certainly be more alleged state’s loss cases to be exposed,” he concluded.
Source: http://www.majalahtambang.com/detail_berita.php?category=15&newsnr=1441
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Wednesday, 25 March 09
MINISTER ASKS ROYALTIES BE PAID IN COAL, NOT CURRENCY - THE JAKARTA POST
Coal companies could pay their royalties to the government in coal, rather than in rupiah, under a proposal made by Energy and Mineral Resources Min ...
Wednesday, 25 March 09
INDONESIA'S STATE ELECTRICITY COMPANY DEMAND FOR COAL TO SOAR NEXT YEAR AS POWER OUTPUT RISES - THE JAKARTA POST
State electricity company PT PLN will need more coal next year as it seeks to generate more power through new plants operated by its subsidiary PT I ...
Tuesday, 24 March 09
INDONESIA'S KPC AGREES FIRST MAJOR CHINA COAL DEAL - REUTERS
Indonesian miner PT Kaltim Prima Coal last week agreed its first major long-term deal to sell thermal coal to China, with 1 million tonnes to be shi ...
Tuesday, 24 March 09
INDONESIA ANTAM'S SETS ASIDE $37 MLN FOR COAL MINES - REUTERS
Indonesian state-owned miner, PT Aneka Tambang Tbk, has allocated $37 million for acquiring coal mines, the company said on Monday.
Antam said la ...
Monday, 23 March 09
NIPPON STEEL, BMA AGREE TO 57 PCT CUT IN COAL PRICE - REUTERS
Nippon Steel Corp has agreed with Australia's BHP Billiton Mitsubishi Alliance (BMA) to pay $128 to $129 per tonne for coking coal in the year from ...
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- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- White Energy Company Limited
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
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