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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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Monday, 10 January 11
DEWA SEEKS ADVICE ON COAL POWER PROJECT -THE NATIONAL
The Dubai utility company gets nine bids from international groups for consultancy role.
The National reported that, Dubai's utility company wil ...
Saturday, 08 January 11
COAL PRICE WILL RISE IN SHORT-TERM DUE TO AUSTRALIA FLOODS - ALBUQUERQUE EXPRESS
Albuquerque Express reported that, Queensland’s mining minister, Stephen Robertson, has warned that the Australian state’s coal mines wi ...
Saturday, 08 January 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 8.69 PERCENT IN JANUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the January 2011 Indonesian Coal Reference Price for thermal ...
Saturday, 08 January 11
SUPRAMAX VESSELS WERE FIXED AT AROUND $ 9000 PD FOR A TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The holiday season affect combined with severe flooding in Queensland ports continues to keep the market and pressure. “Suprama ...
Saturday, 08 January 11
DIFFICULT YEAR FOR SHIPPING - TRANSPORT WEEKLY
Transport Weekly reported that, Shipping Corporation of India (SCI) chairman Sabyasachi Hajara says 2011 will be a difficult year because an excess ...
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- CNBM International Corporation - China
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- MS Steel International - UAE
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
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