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

Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...


Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...


Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...


Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...


Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...


   1091 1092 1093 1094 1095   
Showing 5461 to 5465 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 ...

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