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Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT Bukit Asam and the country’s second largest coal producer, PT Adaro Energy, on an overlapping mining area.
Director general for minerals and coal at the Energy and Mineral Resources Ministry Thamrin Sihite said that the government would wait for a legal decision on the dispute.
“The government will comply with the decision,” he told reporters after attending the launch of the Indonesian Coal Index (ICI) 5, a reference price for low-rank coal, in Jakarta on Thursday.
Overlapping mining areas often happened in the country after the implementation of regional autonomy, he reported.
“In many cases, regent A gives a mining permit to a company, but then regent B, who replaced regent A, also gives a permit for the same area to another company. That happens very often across the country,” said Thamrin.
He promised that the government would solve the problems of overlapping mining areas as soon as possible.
According to the ministry’s data, as of September, only 45 percent or 3,778 of 8,263 registered mining licenses (IUP) have the status of “clean and clear”, the remaining 4,485 licenses were problematic.
Bukit Asam and PT Mustika Indah, whose 75 percent share is owned by Adaro’s subsidiary PT Alam Tri Abadi, are currently in dispute over a mining area in South Sumatra. The case is now in the process of appeal process at the Supreme Court.
Bukit Asam sent a subpoena to Adaro on the disputed land. The company’s lawyer, Anton Dedi Hermanto, said earlier that Adaro claimed Mustika’s land did not overlap Bukit Asam’s mining areas.
He claimed that the mining right (KP) issued by the regent of Lahat for Mustika through the letter of authority number 540/65/KEP/PERTAMBEN/2005 with a total area of 2,742 hectares overlaps Bukit Asam’s exploration area.
The South Sumatra governor’s letter number 556/KPTS/PERTAMBEN/2004 which became Adaro’s reference did not eliminate the right of Bukit Asam over the exploration area of 26,760 hectares.
Source: The Jakarta Post
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Tuesday, 22 November 11
NTPC TO BUY 2 MMT OF IMPORTED COAL FOR ITS FOUR PLANTS
COALspot.com - NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government of India, the largest thermal power generati ...
Tuesday, 22 November 11
ABM INVESTAMA SETS IPO AT RP 3,750
Insider Stories reported that, Integrated energy company PT ABM Investama Tbk has determined the IPO price at Rp3,750 (approximately US$ 0.415) per ...
Tuesday, 22 November 11
A SURPRISINGLY STRONG WEEK FOR THE CAPES - BRS
Positive gains for most of the segments this week, the exception being the Handysizes. Overall the BDI ended the week at 1,895 points (+3.3% week-on ...
Tuesday, 22 November 11
APPETITE FOR DRY BULK VESSELS SLOWS DOWN AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was down at the beginning of the week, as demand for Capesize vessels was particularly low. The industry’s benchmark, the ...
Monday, 21 November 11
CAPESIZES DRIVE MARKET LOWER, ANALYSTS DIVIDED ON DRY BULK OUTLOOK IN THE LONG RUN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market ended the week on a sour note, with the industry’s benchmark heading downwards to 1,895 points, which represented a slight ...
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- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Economic Council, Georgia
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- PTC India Limited - India
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Thai Mozambique Logistica
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
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