COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE


TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s investment target in the mineral and coal sector can be improved.

“The figure does not reflect the reality. Every year, there are thousands of new mines. There should be lots of new investment as well,” Priyo said last weekend.

The Energy Ministry has projected investments in the mineral and coal sector in 2011 will amount to US$3.2 billion. This is not too different from last year’s investment total of US$ 3.18 billion. Besides the investments, the government plans to increase mineral and coal production to meet international market demand.

According to Priyo, the investment value targeted by the government does not have a clear measurement. He even suggested there may be no new investments this year. “As no businessmen have submitted mining applications to the central government, investments this year remain unclear. Several mining companies have submitted applications to the provincial government, but this is not in line with the mineral and coal law,” he said.

The association calculated that this year’s investment could have been higher than the target. For instance, for the mining license arrangement (IUP) alone, the government could earn US$8 billion. “There are 8,000 IUPs currently. If one costs US$1 million, we could be earning US$8 billion,” Priyo said.

Mineral and Coal director general Bambang Setiawan admitted the investment target this year could be more than US$3.2 billion, as set by the government. “The target excludes the mining licenses in the provinces. If we include them, the value could reach US$5 billion,” he said.

In order to reach the target, Bambang plans to form an inventory team which will process and record the investment data in the provinces that have not been monitored properly. “We are not waiting for reports anymore. It is our turn to be proactive so that investment can be monitored and exceeded,” he said.
Source: Tempo Interactive



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 05 July 11
UNTR REVISES UP SALES TO 7,500 UNITS - INSIDER STORIES
PT United Tractors Tbk (UNTR), distributor of Komatsu heavy equipment and parent of PT Pamapersada Nusantara, has revised up its equipment sales tar ...


Sunday, 03 July 11
INDONESIAN GOVERNMENT HAS CLEARED 1509 COAL IUP'S AS CLEAR AND CLEAN
COALspot.com - The Directorate general of mineral & coal of Indonesia has cleared around 1,509 IUP holders (coal mining companies) as "clea ...


Sunday, 03 July 11
MONSOON IN INDIA PUSHED FREIGHTS UP FROM INDONESIA TO WC INDIA - VISTAAR
COALspot.com - The BDI continued to hold closing just 2 points below last week at 1,422 points which was supported by Cape index which was up by 71 ...


Friday, 01 July 11
BEN LINE OPENS A NEW OFFICE IN BERAU
COALspot.com - Ben Line Agencies has announced that it has opened a new office in the busy coal loading port of Berau in East Kalimantan increasing ...


Friday, 01 July 11
CAPESIZE RATES TO REMAIN DEPRESSED IN COMING MONTHS SAYS SHIPPING ORGANIZATION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a recent report, BIMCO reassessed that Capesize freight rates will remain in depressed territory in the coming months. Capesize Time Charter Aver ...


   1040 1041 1042 1043 1044   
Showing 5206 to 5210 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Cargill India Pvt Ltd
  • Georgia Ports Authority, United States
  • Grasim Industreis Ltd - India
  • Global Business Power Corporation, Philippines
  • Pipit Mutiara Jaya. PT, Indonesia
  • Maersk Broker
  • Holcim Trading Pte Ltd - Singapore
  • Indogreen Group - Indonesia
  • Eastern Energy - Thailand
  • Credit Suisse - India
  • Cemex - Philippines
  • Alfred C Toepfer International GmbH - Germany
  • Maheswari Brothers Coal Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Krishnapatnam Port Company Ltd. - India
  • Therma Luzon, Inc, Philippines
  • Price Waterhouse Coopers - Russia
  • Gresik Semen - Indonesia
  • Australian Coal Association
  • ICICI Bank Limited - India
  • BNP Paribas - Singapore
  • SRK Consulting
  • Timah Investasi Mineral - Indoneisa
  • Bangladesh Power Developement Board
  • SN Aboitiz Power Inc, Philippines
  • Jindal Steel & Power Ltd - India
  • Mitsubishi Corporation
  • Ministry of Transport, Egypt
  • JPower - Japan
  • Fearnleys - India
  • PetroVietnam
  • Neyveli Lignite Corporation Ltd, - India
  • Madhucon Powers Ltd - India
  • ACC Limited - India
  • Indian Energy Exchange, India
  • Freeport Indonesia
  • Jaiprakash Power Ventures ltd
  • International Coal Ventures Pvt Ltd - India
  • LBH Netherlands Bv - Netherlands
  • GMR Energy Limited - India
  • Noble Europe Ltd - UK
  • DBS Bank - Singapore
  • Banpu Public Company Limited - Thailand
  • VISA Power Limited - India
  • Indonesian Coal Mining Association
  • Sucofindo - Indonesia
  • Tamil Nadu electricity Board
  • Makarim & Taira - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Energy Link Ltd, New Zealand
  • Thriveni
  • Enel Italy
  • TANGEDCO India
  • Intertek Mineral Services - Indonesia
  • Orica Mining Services - Indonesia
  • Independent Power Producers Association of India
  • Gujarat Sidhee Cement - India
  • Reliance Power - India
  • Bhushan Steel Limited - India
  • Central Java Power - Indonesia
  • Agrawal Coal Company - India
  • Jatenergy - Australia
  • Shree Cement - India
  • Bharathi Cement Corporation - India
  • Kepco SPC Power Corporation, Philippines
  • Riau Bara Harum - Indonesia
  • Asia Cement - Taiwan
  • Baramulti Group, Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • ASAPP Information Group - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Siam City Cement - Thailand
  • Karaikal Port Pvt Ltd - India
  • Sarangani Energy Corporation, Philippines
  • Humpuss - Indonesia
  • Vitol - Bahrain
  • White Energy Company Limited
  • Medco Energi Mining Internasional
  • BRS Brokers - Singapore
  • Lafarge - France
  • ANZ Bank - Australia
  • SGS (Thailand) Limited
  • Merrill Lynch Commodities Europe
  • Bhatia International Limited - India
  • PNOC Exploration Corporation - Philippines
  • Mjunction Services Limited - India
  • ETA - Dubai
  • Samsung - South Korea
  • Peabody Energy - USA
  • Wood Mackenzie - Singapore
  • Surastha Cement
  • Petrosea - Indonesia
  • Geoservices-GeoAssay Lab
  • Indika Energy - Indonesia
  • Infraline Energy - India
  • CCIC - Indonesia
  • WorleyParsons
  • The India Cements Ltd
  • Deloitte Consulting - India
  • MS Steel International - UAE
  • Arutmin Indonesia
  • Arch Coal - USA
  • Siam City Cement PLC, Thailand
  • Indo Tambangraya Megah - Indonesia
  • SASOL - South Africa
  • Mercator Lines Limited - India
  • Africa Commodities Group - South Africa
  • IEA Clean Coal Centre - UK
  • Mechel - Russia
  • UBS Singapore
  • Argus Media - Singapore
  • Bangkok Bank PCL
  • Thailand Anthracite
  • Parliament of New Zealand
  • Iligan Light & Power Inc, Philippines
  • Panama Canal Authority
  • Cement Manufacturers Association - India
  • Standard Chartered Bank - UAE
  • Videocon Industries ltd - India
  • TGV SRAAC LIMITED, India
  • Cardiff University - UK
  • World Bank
  • Bukit Asam (Persero) Tbk - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Ceylon Electricity Board - Sri Lanka
  • India Bulls Power Limited - India
  • IBC Asia (S) Pte Ltd
  • CIMB Investment Bank - Malaysia
  • Uttam Galva Steels Limited - India
  • SUEK AG - Indonesia
  • Tanito Harum - Indonesia
  • Power Finance Corporation Ltd., India
  • Romanian Commodities Exchange
  • EMO - The Netherlands
  • Idemitsu - Japan
  • TeaM Sual Corporation - Philippines
  • KPMG - USA
  • IOL Indonesia
  • Bank of China, Malaysia
  • Marubeni Corporation - India
  • London Commodity Brokers - England
  • Savvy Resources Ltd - HongKong
  • Gupta Coal India Ltd
  • Samtan Co., Ltd - South Korea
  • J M Baxi & Co - India
  • Xindia Steels Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Coastal Gujarat Power Limited - India
  • Economic Council, Georgia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Meralco Power Generation, Philippines
  • SMC Global Power, Philippines
  • Ministry of Finance - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Orica Australia Pty. Ltd.
  • Kideco Jaya Agung - Indonesia
  • Sical Logistics Limited - India
  • The University of Queensland
  • Gujarat Electricity Regulatory Commission - India
  • GVK Power & Infra Limited - India
  • Thiess Contractors Indonesia
  • Xstrata Coal
  • U S Energy Resources
  • Central Electricity Authority - India
  • Malabar Cements Ltd - India
  • Gujarat Mineral Development Corp Ltd - India
  • Meenaskhi Energy Private Limited - India
  • UOB Asia (HK) Ltd
  • Coal India Limited
  • Indian Oil Corporation Limited
  • Coal and Oil Company - UAE
  • Chamber of Mines of South Africa
  • Vedanta Resources Plc - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Directorate Of Revenue Intelligence - India
  • Antam Resourcindo - Indonesia
  • KEPCO - South Korea
  • Pinang Coal Indonesia
  • Adaro Indonesia
  • PLN Batubara - Indonesia
  • Planning Commission, India
  • Bayan Resources Tbk. - Indonesia
  • Qatrana Cement - Jordan
  • Larsen & Toubro Limited - India
  • Britmindo - Indonesia
  • Clarksons - UK
  • Berau Coal - Indonesia
  • EIA - United States
  • IHS Mccloskey Coal Group - USA
  • Runge Indonesia
  • Star Paper Mills Limited - India
  • Wilmar Investment Holdings
  • Ernst & Young Pvt. Ltd.
  • SMG Consultants - Indonesia
  • Russian Coal LLC
  • Kohat Cement Company Ltd. - Pakistan
  • Port Waratah Coal Services - Australia
  • Electricity Generating Authority of Thailand
  • Commonwealth Bank - Australia
  • Goldman Sachs - Singapore
  • APGENCO India
  • Parry Sugars Refinery, India
  • Toyota Tsusho Corporation, Japan
  • McKinsey & Co - India
  • Electricity Authority, New Zealand
  • Petrochimia International Co. Ltd.- Taiwan
  • MEC Coal - Indonesia
  • Bhoruka Overseas - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Coaltrans Conferences
  • Salva Resources Pvt Ltd - India
  • Simpson Spence & Young - Indonesia
  • Tata Chemicals Ltd - India
  • New Zealand Coal & Carbon
  • GNFC Limited - India
  • bp singapore
  • Ind-Barath Power Infra Limited - India
  • Vizag Seaport Private Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Merrill Lynch Bank
  • Mitsui
  • Platou - Singapore
  • CNBM International Corporation - China
  • CoalTek, United States
  • Kobe Steel Ltd - Japan
  • Altura Mining Limited, Indonesia
  • Cebu Energy, Philippines
  • OCBC - Singapore
  • South Luzon Thermal Energy Corporation
  • RBS Sempra - UK
  • Moodys - Singapore
  • Globalindo Alam Lestari - Indonesia
  • Rio Tinto Coal - Australia
  • CESC Limited - India
  • Vale Mozambique
  • Petron Corporation, Philippines
  • Platts
  • Minerals Council of Australia
  • World Coal - UK
  • Posco Energy - South Korea
  • PTC India Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • European Bulk Services B.V. - Netherlands
  • Tata Power - India
  • Heidelberg Cement - Germany
  • GB Group - China
  • Thomson Reuters GRC
  • Rudhra Energy - India
  • Trasteel International SA, Italy
  • globalCOAL - UK
  • The State Trading Corporation of India Ltd
  • Singapore Mercantile Exchange
  • Rashtriya Ispat Nigam Limited - India
  • KOWEPO - South Korea
  • Cigading International Bulk Terminal - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Thermax Limited - India
  • Cosco
  • Global Green Power PLC Corporation, Philippines
  • Renaissance Capital - South Africa
  • Chettinad Cement Corporation Ltd - India
  • The Treasury - Australian Government
  • Aboitiz Power Corporation - Philippines
  • Kapuas Tunggal Persada - Indonesia
  • Aditya Birla Group - India
  • Straits Asia Resources Limited - Singapore
  • Eastern Coal Council - USA
  • Bank of America
  • Dalmia Cement Bharat India
  • Thai Mozambique Logistica
  • Billiton Holdings Pty Ltd - Australia
  • PowerSource Philippines DevCo
  • ING Bank NV - Singapore
  • Energy Development Corp, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Asian Development Bank
  • Oldendorff Carriers - Singapore
  • Indorama - Singapore
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Sindya Power Generating Company Private Ltd
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • NTPC Limited - India
  • GAC Shipping (India) Pvt Ltd
  • Directorate General of MIneral and Coal - Indonesia
  • Sakthi Sugars Limited - India
  • Metalloyd Limited - United Kingdom
  • Kartika Selabumi Mining - Indonesia
  • Latin American Coal - Colombia
  • Mercuria Energy - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Attock Cement Pakistan Limited
  • Interocean Group of Companies - India
  • Lanco Infratech Ltd - India
  • Bukit Makmur.PT - Indonesia
  • PLN - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Barclays Capital - USA
  • Permata Bank - Indonesia
  • Malco - India
  • Indian School of Mines
  • Japan Coal Energy Center
  • Mitra SK Pvt Ltd - India
  • Essar Steel Hazira Ltd - India
  • Indonesia Power. PT
  • McConnell Dowell - Australia
  • HSBC - Hong Kong
  • Ince & co LLP
  • Coalindo Energy - Indonesia
  • Adani Power Ltd - India
  • Core Mineral Indonesia
  • Borneo Indobara - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • PetroVietnam Power Coal Import and Supply Company
  • Total Coal South Africa
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Manunggal Multi Energi - Indonesia
  • IMC Shipping - Singapore
  • Formosa Plastics Group - Taiwan
  • KPCL - India
  • JPMorgan - India
  • Pendopo Energi Batubara - Indonesia
  • Deutsche Bank - India
  • Sree Jayajothi Cements Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • TRAFIGURA, South Korea
  • Maruti Cements - India
  • Inspectorate - India
  • San Jose City I Power Corp, Philippines
  • Semirara Mining Corp, Philippines
  • Australian Commodity Traders Exchange
  • Mintek Dendrill Indonesia
  • Kumho Petrochemical, South Korea
  • Edison Trading Spa - Italy
  • Shenhua Group - China
  • Leighton Contractors Pty Ltd - Australia
  • Ambuja Cements Ltd - India
  • Global Coal Blending Company Limited - Australia
  • OPG Power Generation Pvt Ltd - India
  • Coeclerici Indonesia
  • GHCL Limited - India
  • Barasentosa Lestari - Indonesia
  • Coal Orbis AG
  • NALCO India
  • Maybank - Singapore
  • Sojitz Corporation - Japan
  • Ministry of Mines - Canada
  • Kobexindo Tractors - Indoneisa
  • Bukit Baiduri Energy - Indonesia
  • Inco-Indonesia
  • Glencore India Pvt. Ltd
  • Bulk Trading Sa - Switzerland
  • Carbofer General Trading SA - India
  • Anglo American - United Kingdom
  • TNPL - India