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
Monday, 12 October 09
INDONESIA TO CUT ROYALTIES TO BOOST LOW QUALITY COAL


Reuters reported that, Indonesia, the world's biggest exporter of thermal coal, plans to cut royalties paid by producers holding certain contracts to attract investment in low-quality coal, a senior government official said on Monday.

Bigger coal producers holding contracts of work have struggled to compete with small producers holding a different contract, a mining authority licence (KP), for low-quality coal as they paid higher royalty, Bambang Setiawan, director general of mining, coal and geothermal at the energy and mines ministry, said.

"When the coal contractors join a tender, they can't compete with smaller producers because they pay higher royalties. So we are thinking of reducing royalties for coal-contract of works producers," Setiawan told reporters at the Coaltrans 3rd Coal Mining Operations and Economics conference in Jakarta.

Producers holding coal-contracts of work, whose output accounts for 80 percent of Indonesia's total coal output, pay a royalty of 13.5 percent for all types of coal.

Under the existing scheme, the government owns 13.5 percent of miners' total coal supplies. Miners have to relay the proceeds of the sale of the coal supplies back to the government.

Smaller producers that hold a mining authority licence (KP) -- a different type of mining permit issued by regional a government -- pay 7 percent royalty for high-quality coal, 5 percent for medium-quality coal and 3 percent for low-quality coal.

Indonesia's coal production is expected to reach 250-258 million tonnes of coal this year, the Indonesia Coal Producers Association has said.
Source:Reuters



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

Recent News

Monday, 12 October 09
SHANDUKA BUYS SACMH RICHARDS BAY COAL ALLOCATION
* Shanduka Coal takes SACMH 500,000T export space * RBCT must approve any change of ownership Reuters reported that, South Africa's Shanduka Co ...


Monday, 12 October 09
SAMPUR COAL POWER PLANT AGREEMENT
Sunday Observer reported that, The construction work of the Sri Lanka-India joint venture coal power plant which costs US dollars 500 million will c ...


Saturday, 10 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - CAPT. REDDY
COALspot.com (Singapore): The BDI again firmed up this week by almost 14 pct to 2,695 points. The cape size index moved up quite sharply by 25 pct t ...


Saturday, 10 October 09
COAL PRICES TIPPED TO SURGE BY 40% AS GLOBAL DEMAND RECOVERS NEXT YEAR
Power-station coal prices may climb by more than 40 percent in 2010 from current levels as a global economic recovery boosts demand from power plant ...


Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...


   1269 1270 1271 1272 1273   
Showing 6351 to 6355 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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