COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 02 March 16
RE-EVALUATION OF MINING LICENSES CLEAN AND CLEAR STATUS IN INDONESIA

SSEKCOALspot.com: In connection with the transfer of mining authority from Regents/Mayors to Governors1 and from Regents/Mayors and Governors to the Indonesian Minister of Energy and Mineral Resources ("MEMR")2 pursuant to the New Regional Government Law3, the MEMR is conducting another review of existing mining licenses (known as IUPs) previously issued by Regents/Mayors and Governors. 

MEMR Regulation No. 43 of 2015 regarding Procedures for Evaluation of Issuance of Mineral and Coal Mining Business License ("MEMR 43/2015") sets forth the requirements for IUPs to be declared Clean and Clear ("CNC"), meaning they have been validly issued and conform to the requirements of the Mining Law. The requirements and consequences for failure to satisfy them are as follow:

 

Requirements Consequence for Failure
application for renewal or upgrade of IUP must be submitted within its term of validity revocation of IUP
area reservation and KP (former form of IUP) application must be approved prior to the issuance of the Mining Law  revocation of IUP
application for area reservation must not overlap with any active COW, CCOW, KP or IUP area for the same mining commodity revocation of IUP
Exploitation KP must derive from an upgraded Exploration KP revocation of IUP
except in the case of a public company, a company must not have more than one IUP
(i) issuance of single IUP consolidating IUPs the areas of which are adjacent to each other, for the same mining commodity and in the same stage (exploration or production); or
(ii) transfer of IUPs to 51% owned subsidiary(-ies) 
IUP term of validity must not exceed the period prescribed under the Mining Law adjustment of IUP's term of validity
IUP area must not overlap with other IUP areas for the same mining commodity or National Reservation Area or other regency/city/province area
(i) reduction of area reflecting partial overlap; or
(ii) revocation of IUP if the overlap covers the whole IUP area4
Exploration IUP's coordinates must be in accordance with the area reservation
(i) change of coordinates if there is partial non-conformance to the area reservation or Exploration IUP’s coordinates, as relevant; or
(ii) revocation of IUP if the entire IUP area does not conform to the area reservation or Exploration IUP’s coordinates
Production Operation IUP's coordinates must be within the Exploration IUP's coordinates
(i) change of coordinates if there is partial non-conformance to the area reservation or Exploration IUP’s coordinates, as relevant; or
(ii) revocation of IUP if the entire IUP area does not conform to the area reservation or Exploration IUP’s coordinates
IUP's coordinates must be straight lines parallel to latitude and longitude adjustment of IUP's coordinates

MEMR will only issue CNC Certificates to mining companies which have submitted the following documents:

1. exploration report and, if applicable, feasibility study report;
2. environmental documents, i.e. AMDAL or UKL-UPL; and
3. evidence of payment of dead rent and, if applicable, royalty.

Failure to submit the above documents may result in administrative sanctions in the form of written warnings, temporary suspension of mining activities or revocation of IUP.  
By: Michael S. Carl & Florence G. Santoso
 
1(Applies to domestic mining companies having a mining area located within one province)
2(Applies to (i) domestic mining companies having a mining area located in more than one province and (ii) all foreign-owned mining companies)
3(Law No. 23 of 2014 regarding Regional Government, as lastly amended by Law No. 9 of 2015)
4(In the event of overlap between IUPs having the same mining commodity, first come, first served applies, based on the date of submission of application and satisfaction of all requirements.)

(This publication is intended for informational purposes only and does not constitute legal advice. Any reliance on the material contained herein is at the user’s own risk)

Michael S. Carl About Michael S. Carl
Michael S. Carl is a foreign legal advisor at SSEK Legal Consultants, where he is a supervising advisor for the firm’s mining practice.

He specializes in mining, energy, infrastructure, finance, insolvency and restructurings, and M&A.

Michael is named by Who’s Who Legal as one of Indonesia’s leading mining lawyers and he has been recognized as a leading lawyer by Chambers Global, IFLR 1000 and Asialaw.



Florence G. SantosoAbout Florence G. Santoso
Florence G. Santoso is experienced in energy, infrastructure, investment and mergers and acquisitions, and has been involved in a number of acquisitions involving industrial and trading companies.

Since joining SSEK Legal Consultants in 2010, Florence has been involved in numerous major mining transactions.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 19 February 16
U.S. WEEKLY COAL PRODUCTION ROSE 2.6% FROM LAST WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.2 million shor ...


Thursday, 18 February 16
INDIA NEEDS INTERNATIONAL SUPPORT ON HIGH EFFICIENCY COAL - WORLD COAL ASSOCIATION
Speaking at a conference in New Delhi today, World Coal Association Chief Executive Benjamin Sporton said the critical role of coal in driving econ ...


Thursday, 18 February 16
CHINA COAL SECTOR - 2015 RESULTS BLEAK, 2016 UNLIKELY TO BE ANY BETTER - FITCH
COALspot.com: China Coal Sector’s Financial Woes to Worsen in 2016. Fitch Ratings says that the 2015 full-year result previews issued by ...


Thursday, 18 February 16
PANAMAX RATES OUT OF ECSA WERE STILL GAINING A PREMIUM OVER THE REST OF THE MARKET - INTERMODAL
The BDI moved further down last week, fact that hardly took anyone by  surprise as the lunar year holidays in Asia on top of the already depre ...


Wednesday, 17 February 16
TAP ON OPPORTUNITIES IN GROWING ELECTRICITY DEMAND AND NEW COAL POWER PROJECT DEVELOPMENTS IN THE PHILIPPINES - IBC
Tap on Opportunities in Growing Electricity Demand and New Coal Power Project Developments in the Philippines Coal Power Generation 2016 19- ...


   510 511 512 513 514   
Showing 2556 to 2560 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Jaiprakash Power Ventures ltd
  • Sucofindo - Indonesia
  • MEC Coal - Indonesia
  • Britmindo - Indonesia
  • Jindal Steel & Power Ltd - India
  • Commonwealth Bank - Australia
  • CESC Limited - India
  • Ministry of Mines - Canada
  • Cargill India Pvt Ltd
  • Mintek Dendrill Indonesia
  • Parliament of New Zealand
  • Bangladesh Power Developement Board
  • Coal Orbis AG
  • Antam Resourcindo - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Bhushan Steel Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • Geoservices-GeoAssay Lab
  • Aditya Birla Group - India
  • Fearnleys - India
  • Arutmin Indonesia
  • McKinsey & Co - India
  • Maharashtra Electricity Regulatory Commission - India
  • SN Aboitiz Power Inc, Philippines
  • Kapuas Tunggal Persada - Indonesia
  • SMG Consultants - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Freeport Indonesia
  • Thiess Contractors Indonesia
  • Kobexindo Tractors - Indoneisa
  • Inco-Indonesia
  • Xindia Steels Limited - India
  • Global Business Power Corporation, Philippines
  • ICICI Bank Limited - India
  • Mercator Lines Limited - India
  • Argus Media - Singapore
  • APGENCO India
  • Port Waratah Coal Services - Australia
  • IOL Indonesia
  • Deutsche Bank - India
  • Adani Power Ltd - India
  • HSBC - Hong Kong
  • Wood Mackenzie - Singapore
  • Cardiff University - UK
  • Tamil Nadu electricity Board
  • Economic Council, Georgia
  • ACC Limited - India
  • World Bank
  • Orica Australia Pty. Ltd.
  • Indorama - Singapore
  • AsiaOL BioFuels Corp., Philippines
  • SRK Consulting
  • Bukit Baiduri Energy - Indonesia
  • Carbofer General Trading SA - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Shree Cement - India
  • Siam City Cement - Thailand
  • Independent Power Producers Association of India
  • Barclays Capital - USA
  • Infraline Energy - India
  • Marubeni Corporation - India
  • LBH Netherlands Bv - Netherlands
  • Total Coal South Africa
  • KEPCO - South Korea
  • BRS Brokers - Singapore
  • Singapore Mercantile Exchange
  • Kobe Steel Ltd - Japan
  • TRAFIGURA, South Korea
  • KOWEPO - South Korea
  • UBS Singapore
  • Kalimantan Lumbung Energi - Indonesia
  • globalCOAL - UK
  • Mitsubishi Corporation
  • PLN - Indonesia
  • PTC India Limited - India
  • Clarksons - UK
  • Indian Oil Corporation Limited
  • Electricity Generating Authority of Thailand
  • Edison Trading Spa - Italy
  • Energy Development Corp, Philippines
  • PLN Batubara - Indonesia
  • Platts
  • Simpson Spence & Young - Indonesia
  • Mercuria Energy - Indonesia
  • Gresik Semen - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Posco Energy - South Korea
  • Cigading International Bulk Terminal - Indonesia
  • U S Energy Resources
  • Central Electricity Authority - India
  • IBC Asia (S) Pte Ltd
  • Rio Tinto Coal - Australia
  • J M Baxi & Co - India
  • Krishnapatnam Port Company Ltd. - India
  • Ceylon Electricity Board - Sri Lanka
  • Petron Corporation, Philippines
  • Meralco Power Generation, Philippines
  • Credit Suisse - India
  • GN Power Mariveles Coal Plant, Philippines
  • CNBM International Corporation - China
  • Agrawal Coal Company - India
  • KPCL - India
  • Holcim Trading Pte Ltd - Singapore
  • Electricity Authority, New Zealand
  • Thomson Reuters GRC
  • Africa Commodities Group - South Africa
  • Vitol - Bahrain
  • Indonesian Coal Mining Association
  • Vijayanagar Sugar Pvt Ltd - India
  • Pendopo Energi Batubara - Indonesia
  • Madhucon Powers Ltd - India
  • Rudhra Energy - India
  • Parry Sugars Refinery, India
  • GAC Shipping (India) Pvt Ltd
  • Kepco SPC Power Corporation, Philippines
  • Therma Luzon, Inc, Philippines
  • Petrosea - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Asia Cement - Taiwan
  • GB Group - China
  • PowerSource Philippines DevCo
  • PNOC Exploration Corporation - Philippines
  • Ministry of Finance - Indonesia
  • Sical Logistics Limited - India
  • Ministry of Transport, Egypt
  • CCIC - Indonesia
  • Samsung - South Korea
  • SUEK AG - Indonesia
  • Eastern Coal Council - USA
  • Arch Coal - USA
  • Indika Energy - Indonesia
  • TeaM Sual Corporation - Philippines
  • BNP Paribas - Singapore
  • Thermax Limited - India
  • Power Finance Corporation Ltd., India
  • Formosa Plastics Group - Taiwan
  • Coaltrans Conferences
  • Shenhua Group - China
  • Australian Commodity Traders Exchange
  • Coastal Gujarat Power Limited - India
  • Bhatia International Limited - India
  • Lanco Infratech Ltd - India
  • Standard Chartered Bank - UAE
  • IHS Mccloskey Coal Group - USA
  • CoalTek, United States
  • Planning Commission, India
  • Directorate General of MIneral and Coal - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • JPMorgan - India
  • Medco Energi Mining Internasional
  • Bharathi Cement Corporation - India
  • GVK Power & Infra Limited - India
  • Central Java Power - Indonesia
  • NTPC Limited - India
  • Coeclerici Indonesia
  • Attock Cement Pakistan Limited
  • Mjunction Services Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Platou - Singapore
  • Gujarat Sidhee Cement - India
  • UOB Asia (HK) Ltd
  • Grasim Industreis Ltd - India
  • Global Coal Blending Company Limited - Australia
  • Heidelberg Cement - Germany
  • Aboitiz Power Corporation - Philippines
  • JPower - Japan
  • Eastern Energy - Thailand
  • Surastha Cement
  • Larsen & Toubro Limited - India
  • Wilmar Investment Holdings
  • Miang Besar Coal Terminal - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • TNPL - India
  • Directorate Of Revenue Intelligence - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Anglo American - United Kingdom
  • Bayan Resources Tbk. - Indonesia
  • Ambuja Cements Ltd - India
  • Maybank - Singapore
  • Reliance Power - India
  • Price Waterhouse Coopers - Russia
  • Mitsui
  • Kumho Petrochemical, South Korea
  • Thriveni
  • Oldendorff Carriers - Singapore
  • Metalloyd Limited - United Kingdom
  • Timah Investasi Mineral - Indoneisa
  • McConnell Dowell - Australia
  • White Energy Company Limited
  • Mitra SK Pvt Ltd - India
  • Merrill Lynch Bank
  • South Luzon Thermal Energy Corporation
  • GMR Energy Limited - India
  • ETA - Dubai
  • Jatenergy - Australia
  • Jorong Barutama Greston.PT - Indonesia
  • Qatrana Cement - Jordan
  • OCBC - Singapore
  • Cebu Energy, Philippines
  • Vizag Seaport Private Limited - India
  • EMO - The Netherlands
  • CIMB Investment Bank - Malaysia
  • Berau Coal - Indonesia
  • Trasteel International SA, Italy
  • TGV SRAAC LIMITED, India
  • Baramulti Group, Indonesia
  • Karaikal Port Pvt Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Billiton Holdings Pty Ltd - Australia
  • Orica Mining Services - Indonesia
  • San Jose City I Power Corp, Philippines
  • Bahari Cakrawala Sebuku - Indonesia
  • Savvy Resources Ltd - HongKong
  • Mechel - Russia
  • Russian Coal LLC
  • Australian Coal Association
  • Sree Jayajothi Cements Limited - India
  • Globalindo Alam Lestari - Indonesia
  • Barasentosa Lestari - Indonesia
  • Moodys - Singapore
  • The State Trading Corporation of India Ltd
  • Pinang Coal Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Bhoruka Overseas - Indonesia
  • Uttam Galva Steels Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • Indian School of Mines
  • MS Steel International - UAE
  • Borneo Indobara - Indonesia
  • Maheswari Brothers Coal Limited - India
  • World Coal - UK
  • Indian Energy Exchange, India
  • ANZ Bank - Australia
  • Bank of America
  • IEA Clean Coal Centre - UK
  • Malco - India
  • Enel Italy
  • Adaro Indonesia
  • RBS Sempra - UK
  • Toyota Tsusho Corporation, Japan
  • Glencore India Pvt. Ltd
  • Ernst & Young Pvt. Ltd.
  • Coalindo Energy - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Videocon Industries ltd - India
  • Binh Thuan Hamico - Vietnam
  • Cemex - Philippines
  • Humpuss - Indonesia
  • PetroVietnam
  • Altura Mining Limited, Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Thailand Anthracite
  • Sojitz Corporation - Japan
  • Tata Power - India
  • Deloitte Consulting - India
  • EIA - United States
  • Tata Chemicals Ltd - India
  • WorleyParsons
  • SMC Global Power, Philippines
  • VISA Power Limited - India
  • Idemitsu - Japan
  • bp singapore
  • Ince & co LLP
  • Makarim & Taira - Indonesia
  • Thai Mozambique Logistica
  • SASOL - South Africa
  • Tanito Harum - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • The University of Queensland
  • Intertek Mineral Services - Indonesia
  • Permata Bank - Indonesia
  • Coal and Oil Company - UAE
  • Indonesia Power. PT
  • Inspectorate - India
  • Siam City Cement PLC, Thailand
  • Runge Indonesia
  • Core Mineral Indonesia
  • Malabar Cements Ltd - India
  • Chamber of Mines of South Africa
  • Rashtriya Ispat Nigam Limited - India
  • Ind-Barath Power Infra Limited - India
  • Semirara Mining Corp, Philippines
  • ASAPP Information Group - India
  • India Bulls Power Limited - India
  • Vale Mozambique
  • KPMG - USA
  • Star Paper Mills Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • NALCO India
  • Goldman Sachs - Singapore
  • Merrill Lynch Commodities Europe
  • Peabody Energy - USA
  • Lafarge - France
  • Essar Steel Hazira Ltd - India
  • Dalmia Cement Bharat India
  • Panama Canal Authority
  • ING Bank NV - Singapore
  • Maersk Broker
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • DBS Bank - Singapore
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Kartika Selabumi Mining - Indonesia
  • Xstrata Coal
  • London Commodity Brokers - England
  • Georgia Ports Authority, United States
  • Chettinad Cement Corporation Ltd - India
  • Noble Europe Ltd - UK
  • The Treasury - Australian Government
  • Sakthi Sugars Limited - India
  • Latin American Coal - Colombia
  • IMC Shipping - Singapore
  • Bukit Makmur.PT - Indonesia
  • SGS (Thailand) Limited
  • Banpu Public Company Limited - Thailand
  • Straits Asia Resources Limited - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • Romanian Commodities Exchange
  • Maruti Cements - India
  • Bangkok Bank PCL
  • Renaissance Capital - South Africa
  • GNFC Limited - India
  • Interocean Group of Companies - India
  • Cement Manufacturers Association - India
  • Cosco
  • Bulk Trading Sa - Switzerland
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Sarangani Energy Corporation, Philippines
  • Vedanta Resources Plc - India
  • Asmin Koalindo Tuhup - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Salva Resources Pvt Ltd - India
  • Bank of China, Malaysia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Minerals Council of Australia
  • OPG Power Generation Pvt Ltd - India
  • Asian Development Bank
  • Neyveli Lignite Corporation Ltd, - India
  • Gupta Coal India Ltd
  • Japan Coal Energy Center
  • Samtan Co., Ltd - South Korea
  • New Zealand Coal & Carbon
  • The India Cements Ltd
  • TANGEDCO India
  • Meenaskhi Energy Private Limited - India
  • Manunggal Multi Energi - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Energy Link Ltd, New Zealand
  • Alfred C Toepfer International GmbH - Germany
  • Riau Bara Harum - Indonesia
  • Indogreen Group - Indonesia
  • Iligan Light & Power Inc, Philippines
  • GHCL Limited - India
  • Coal India Limited