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

Saturday, 08 January 11
AUSTRALIAN FLOODS MAY BOOST RIS COAL SALES - THE JAKARTA POST
The Jakarta Post reported that, Floods inundating Queensland have disrupted Australian coal production, and in turn may offer opportunities for Indo ...


Saturday, 08 January 11
GOVERNMENT REMAINS CAUTIOUS OVER FOREIGN INVESTMENT IN MINING SECTOR - THE JAKARTA GLOBE
The Jakarta Globe reported that, The government expects $3.2 billion of investment to flow into the mining sector this year as foreign investors tur ...


Friday, 07 January 11
14 LARGE-SCALE COAL BASES TO BE BUILT DURING 12TH FIVE-YEAR PLAN - GLOBAL TIMES
During the Twelfth Five-Year Plan period (2011-2015), China aims to build 14 large-scale coal bases, and annex and restructure 20 coal bases in orde ...


Friday, 07 January 11
JSW ENERGY LTD OF INDIA IS LOOKING FOR 45 MILLION TONS OF STEAM COAL FOR 25 YEARS
COALspot.com - Supply of 1.80 mmt (+/- 10%) of steam coal per annum  for power plants at Toranagallu and Jaigad. Accordign to JSWE's websit ...


Friday, 07 January 11
SRI LANKA NEW PORT TO OFFER SHIP FUEL IN MAY - LBO
LOB reported that, The Sri Lanka Ports Authority (SLPA) plans to start bunkering or ship fuel operations at a new port in southern Hambantota in May ...


   1087 1088 1089 1090 1091   
Showing 5441 to 5445 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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