We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 24 July 09
INDONESIAN COAL NEWS - UPDATE
 Income from tax slow
Since the economic crisis in October 2008 until now, tax from the general mining sector is slow. According to the Director General of Taxes, Darmin Nasution, in a press conference, there is no income tax received from the general mining sector as they keep on incurring losses. 31.3% OF TARGET In the period January-June 2009, coal production reached 72 million tons (31.3%) of the 230 million tons national target for this year. The Director General of Mineral, Coal and Geothermal, Bambang Setiawan, said 62 million tons come from Coal Contract of Work (CCoW) holders and 10 million tons from Mining Authorization (KP) holders.
75 million tons in a half year
The Director General of Mineral, Coal and Geothermal, Bambang Setiawan, cited the realization of coal sales in the first half of 2009 reached 75 million tons. Of this amount, 52 million tons were exported and 23 million tons for domestic consumption.
Mining PNBP Rp 7.2 trillion Information from the Director General of Mineral, Coal and Geothermal is that Non-Tax State Revenue (PNBP) from mining up to 30 June was Rp7.2 trillion. Rp43.7 billion is derived from dead rent, Rp4.88 trillion from royalty and Rp2.3 trillion from coal sales.
Not to participate in tender
The President Director of PT Tambang Batubara Bukit Asam, Sukrisno, said the company will not participate in the tender for procuring 3.26 million tons of low rank coal opened by PLN (Persero) under a 20-year contract due to limited transportation.
This year, PT Garda Tujuh Buana Tbk projected a production of 900,000 MT of coal, a jump compared to that in 2008 at 30,000 MT. The company is to export the entire production i.a. to Dynet International in Singapore. “Actually, their demand is 1.2 million tons,” said Business Development Director Socrates Rudi Sirait.
State Enterprise Holding Company not yet clear
The Secretary to the Minister of State Enterprises, Said Didu, predicts that the setting up of a holding company of state enterprises will not have been realized in October 2009, due to constraints of inter department coordination. The forming of a holding company is the mandate of Presidential Instruction No.5/2008 and should have been effective this year. The Presidential Instruction regulates rightsizing and restructuring of state enterprises.
Production up to 70 million tons
PT. Kaltim Prima Coal targets its coal production at 43 million tons this year and throughout 2012-2013 to rise to 70 million tons. According to KPC CEO Endang Ruchyat, the rise in production will be followed by the construction of a 2x100 MW power plant.
Awaits BHP Internal Evaluation
At the moment BHP Billiton is finalizing its internal evaluation on the option of releasing its ownership of the Maruwai coal project in Murung Raya regency, Central Kalimantan. “We are waiting for BHP to open an official tender on the sale of said asset,” said Bumi Resources Tbk spokesperson Dileep Srivastava.
Coal supply secured by PLN
Primary Energy Unit Head Nasri Sebayang is optimistic that coal supply for the 10,000 MW power plants phase I will not be short. A stock of some 5 million tons per year is being readied by a number of supplying companies.
Optimistic Target will be reached
Although until last May production was only 4.58 million tons or 36% of the annual target, the President Director of PT Tambang Batubara Bukit Asam, Sukrisno, is optimistic this year’s target of 12.7 million tons could be reached. “We shall try hard to produce 1.15 million tons per month” he said.
Royalty Remittance to Increase
The government is to optimize state revenue from the mining sector by raising the remittance of royalty from mining companies operating in Indonesia. Special Staff Member of the EMR Minister, Simon F. Sembiring, said the plan is still in the negotiation stage.
Pawning IUP prohibited
The Director of Mineral and Coal Business Development, Bambang Gatot Ariyono, asserted that mining companies are prohibited to pawn company shares or Mining Business License (IUP) to obtain funding loans. Such pawning is against Law No.4/2009 regarding Mineral and Coal Mining.
Source: Coalindo Energy
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 05 September 09
SHANXI AIMS TO MAINTAIN 2009 COAL OUTPUT AT LAST YEAR'S LEVEL
Interfax-China reported that, Shanxi Province, the country's second-largest coal producing region, is aiming to keep its annual coal output a ...
Saturday, 05 September 09
INDIA BUYING INTO AUSTRALIA'S COAL - INTERVIEW
India is in line to buy vast amounts of Australian coal. An Indian cabinet minister is on a special mission to Australia to help satisfy India's ur ...
Saturday, 05 September 09
52 COMPANIES SUBMIT EOIS TO COAL INDIA
The Hindu, India's largest English news paper reported that, International mining majors from the U.S., South Africa, Australia and Indonesia are a ...
Friday, 04 September 09
INDONESIA PAITON ENERGY BUYS COAL FROM ADARO, KIDECO
PT Paiton Energy, an Indonesian independent power producer, has agreed to buy 3 million tonnes of coal from PT Adaro Energy Tbk (ADRO.JK) and PT Kid ...
Thursday, 03 September 09
ICVL IN TALKS FOR COAL BLOCKS IN INDONESIA
These acquisitions will help ICVL meet an internal target of importing at least 5 million tonnes (mt) of coking coal by 2012-13
LiveMint reported ...
|
|
|
Showing 6451 to 6455 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Australian Coal Association
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
|
| |
| |
|
