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Sunday, 10 March 13
INDONESIA'S FORESTRY DEPARTMENT IS TO INCREASE BORROW-TO-USE PERMITS (IJIN PINJAM PAKAI) FEE SOON
COALspot.com : Indonesia to increase borrows-to-use permit fees by 33.33 percent. The government of Indonesia is planning to increase the state’s non-tax revenues (PNBP) by raising the fee for a borrow-to-use permit (Ijin Pinjam Pakai) from Indonesian Rupiah 3 million (approximately US$ 309.85) to Indonesian Rupiah 4 million (approximately US$ 413.13) per hectare per annum. According to the government regulation, no. 2 of 2008 IPPKH, a tariff of Rp. 3 million (approximately US$ 309.85) per hectare, to be paid to obtain a borrow-to-use permit, in particular for mining activities.
The fee increase will be varied depends on industry. However, the highest increase will be for mining activities. This increase of permit fee is part of implementation of Law. 41/1999 on Forestry, according to minister of Forestry.
The minister of Forestry recently said to media that, "Currently we are waiting for the Government Regulation." According to him, Indonesian cabinet has agreed to increase fee and waiting for government regulation, which has to be signed by President of Indonesia.
Media reports further said that, Indonesian Ministry of Forestry had issued 735 (total) borrow-to-use permits (Ijin Pinjam Pakai) as of January 2013.
466 permits issued specifically for exploration purpose covering around 2.434 million hectares related to oil and gas, metals, other minerals, coal, mineral C, geothermal and mine infrastructure industry. In addition to that, Ministry also has issued another 369 permits for exploitation purpose covering 366,703 hectares.
According to an Article, 50 paragraphs (3) of Law no. 41 Years 1999 on Forestry ("Law 41/1999") any activity in forestry area is prohibited before obtaining the permit from the competent authority (the Ministry of Forestry). Prior to obtain the borrow-to-use permits, the mining activities, including exploration should not be conducted.
The company which violates the provisions is subject to criminal sanctions under Article 78 of Law 41/1999, such as including but not limited to imprisonment (for the director or authorized to represent the company) and fines and also confiscation of machineries, heavy equipments and other equipment used to explore, exploit and transport.
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Tuesday, 21 May 13
NEWCASTLE PORT COAL SHIPMENTS SEEN FALLING WEEK ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,205,024 tons of thermal and coking coal for week ended 0700 hours 20 May 2013, Newcast ...
Sunday, 19 May 13
COAL PRICES ARE SLUMPING DUE TO WEAK DEMAND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained 0.03 percent and API 8 CFR South China Coal shipment g ...
Sunday, 19 May 13
FREIGHT RATES TO REMAIN UNSTABLE AND VOLATILE - CAPT. REDDY
COALspot.com – The freight remained weak this week with all the segments down.
The BDI, the Baltic Dry Index is a number issued daily by th ...
Friday, 17 May 13
US COAL PRODUCTION CLIMBED 3.35 PER CENT WEEK ON WEEK
COALspot.com - U.S. produced totaled approximately 18.50 million short tons (mmst) in a week (For the week ended May 11, 2013), EIA said in its late ...
Thursday, 16 May 13
PANAMAX: THE FORWARD CURVE IS FALLING GRADUALLY - FEARNRESEARCH
Handy
The Atlantic market remained quiet. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 11k. The Pacific market remained uncertain as ...
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- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- The University of Queensland
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Central Electricity Authority - India
- Planning Commission, India
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
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