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Wednesday, 25 January 12
CLEAN AND CLEAR MINING PERMITS TO BE COMPLETED END OF 2012 - BISNIS.COM
Bisnis.com reported that, the government plans to announce 700 mining permits with "clean and clear" status without overlapping on other permit holders in the near future so all of the permits are expected to be complete at the end of 2012.
Since the issue of Mining Act, the Ministry of Energy and Mining Directorate General of Mineral Resources (ESDM) until mid-2011 there were 9,662 mining permits (IUP)issued by the local governments.
Of the total IUP, only 3,778 permits have clean and clear status. Clean and clear status shows that the mining areas have complete documents and no overlapping areas.
The remaining 5,884 permits are problematic. In fact, there are expected to be significant unclear permits since the licensing authorities are held by the local governments. This is because regional heads or regents neglect to manage the matter.
A Bisnis source said that in one area of East Kalimantan, to take power of attorney over the adjustment of mining permit status into exploration permit about IDR 250 million (approximately US$ 27,700) is needed, while the 'cost' for a production permit ranges between IDR 500 million and IDR 1 billion (approximately US$ 55,401 - US$ 110,803).
It is caused by the unprofessional regents who gave permits to more than one party," said Thamrin Sihite, Director General of Mining and Mineral Resources
Ministry last weekend.
The Directorate General of Mineral and Coal has assigned the University of Indonesia (UI) to resolve the issue. The appointment has caused internal resistance since the verification which was actually conducted by the Directorate of Commercial Directorate of Coal and Mineral has to be taken over by an Independent Team from UI.
The completion of the mining permit verification, Thamrin said, is expected to boost state revenues from the mining sector.
"With reconciliation, the mining permit will be more orderly. In addition, the permit holder who usually pays a dividend to the regional government, will now be expected to pay the central government. The central government has also conducted socialization to the local government so that the payment of non-tax state revenues can be deposited to central. Then, it will be distributed to the local government,"he said.
Besides completing the reconciliation of mining permit, the government also continues to fix the mining sector. President Susilo Bambang Yudhoyono has formed an evaluation team to adjust working contract (KK) and the agreement of the coal mining business (PKP2B) in accordance with Presidential Decree No.3/2012.
The team is composed of the Coordinating Minister for Economic Affairs Hatta Rajasa as the chairman, the Minister of ESDM Jero Wacik as Chief Executive and Director General of Mineral and Coal Thamrin Sihite as the secretary.
The evaluation team members consists of the Minister of Finance, Minister of Home Affairs, Minister of Justice and Human Rights, Minister of Industry, Minister of Trade, Minister of Forestry, Minister of SOEs, the Cabinet Secretary, the Attorney General, Chief of Financial Development Supervisory Board (BPKP), Head of National Land Agency (BPN), and the Head of Investment Coordinating Board (BKPM).
Source : Bisnis.com (By:Vega Aulia Pradipta) / Mitrais
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Monday, 20 February 12
COAL BOOM AND ENVIRONMENTAL CONCERN - SUNIL K KUMBHAT
COALspot.com - The dawn of the 21st century has seen a shift in the world's commercial balance of power, with the dominance of the US, Europe and J ...
Sunday, 19 February 12
THE SPOT FIXTURE RATES WERE REPORTED AT HIGH LEVELS - VISTAAR
COALspot.com - "The markets seems to holding back this week appears the momentum which picked up last week may slow down" - Capt. Reddy of ...
Sunday, 19 February 12
INDIKA ACQUIRES MULTI TAMBANGJAYA - INSIDER STORIES
Insider Stories reported that, PT Indika Energy Tbk (INDY) announced that wholly-owned subsidiaries have signed a conditional sale and purchase agre ...
Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS
Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose ...
Thursday, 16 February 12
GEARING UP FOR THE EMERGING OIL & GAS OPPORTUNITIES IN MYANMAR
Press Release - Myanmar Ministry of Energy and Centre for Management Technology (CMT) to Co-host MOGP (Myanmar Oil, Gas & Power) Summit on 28 - ...
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- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Planning Commission, India
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Mercator Lines Limited - India
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- PTC India Limited - India
- Economic Council, Georgia
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
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