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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
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Sunday, 26 July 09
CESC PLANS 2000 MW POWER PLANT IN BIHAR
Jai Bihar reported that, RPG flagship company CESC Ltd on Friday unveiled its plan to set up a 2,000 MW power generation plant at Pirpainti near Bha ...
Saturday, 25 July 09
HUANENG EYES MAJORITY STAKE IN PT BERAU COAL
CCTV reported that, China's largest publicly traded power company has submitted a bid for controlling stake in Indonesia's fifth largest coal mine ...
Saturday, 25 July 09
ADANI POWER TO IMPORT COAL FOR MUNDRA PLANT
BL reported that more than 50% of the coal requirement for Adani Power’s 4,620 MW Mundra plant will have to be imported from Indonesia though ...
Friday, 24 July 09
S.AFRICA JAN-JUNE EXPORTS TO ASIA AROUND 1.4 MLN T
* China takes 140-150,000 tonnes
* S.Korea imports zero
* Hong Kong utilites buy S.African coal
South African coal exports to Asia excluding India a ...
Friday, 24 July 09
BIG ADARO SHAREHOLDERS CREATE HOLDING COMPANY
The nation’s second-largest coal producer, PT Adaro Energy, said on Thursday that five key shareholders had merged their holdings in the compan ...
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- Economic Council, Georgia
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Planning Commission, India
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
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