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

Friday, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Co ...


Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s exp ...


Thursday, 22 July 10
BERAUS IPO NEXT MONTH CAN BECOME THE LARGEST THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s fifth largest coal miner PT Berau Coal Energy Tbk will launch its initial public offering (IPO) ne ...


Thursday, 22 July 10
DRY BULK MARKET EDGES HIGHER, BUT RECOVERY IS SLOW
The dry bulk market’s recovery, which started last Friday has sustained its momentum thus far, but the pace of it seems to be an agonizing one ...


Wednesday, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL
It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdo ...


   1140 1141 1142 1143 1144   
Showing 5706 to 5710 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 ...

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