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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
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Wednesday, 26 January 11
DRY BULK MARKET TAKES YET ANOTHER NOSEDIVE, CAPESIZES LOOK RATHER UNATTRACTIVE AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The downturn of the dry bulk market sees no boundariers, disproving even those who thought that at least for the capesize market, the worst had pass ...
Tuesday, 25 January 11
DRY BULK RATES CONTINUED TO TUMBLE LAST WEEK - BRS
With weather-related problems affecting the short-term outlook, and new building deliveries the longer-term picture, dry bulk rates continued to tum ...
Tuesday, 25 January 11
R-POWER TO INVEST $5BN IN INDONESIA - THE TIMES OF INDIA
The Times of India reported that, In what is being seen as one of the largest foreign investments in Indonesia, Reliance Power will infuse $5 billio ...
Monday, 24 January 11
GOVT PROMISES COAL FOR PLN DESPITE PRICE SPIKES - THE JAKARTA POST
The Jakarta Post reported that, the government says state electricity company PT PLN will receive enough coal to fire its power plants, despite pric ...
Monday, 24 January 11
DRY BULK MARKETS DOWNTURN SEES NO RELIEF - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept falling for yet another week, with the industry’s benchmark, the Baltic Dry Index (BDI) losing an additional 4.79 ...
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Showing 5411 to 5415 news of total 6871 |
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- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Economic Council, Georgia
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Renaissance Capital - South Africa
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
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