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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
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Wednesday, 07 October 09
WORLD'S LEADING COAL-BASED PP PROJECT TO BEGIN TRIAL PRODUCTION NEXT YEAR IN NW CHINA
Xinhua Net reported that, a coal-based polypropylene (PP) production project in northwest China, believed to be the world's largest one, is to ...
Wednesday, 07 October 09
INDIA SAIL TO IMPORT 10-11 MLN T COAL IN FY10 - EXEC
Reuters reported that, Steel Authority of India Ltd plans to import 10-11 million tonnes of coal in the current year to March, below last year's 13 ...
Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station ...
Wednesday, 07 October 09
CHINESE BANK MAY PULL OUT OF SUMATRA COAL RAILWAY
The Jakarta Globe reported that, The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned ...
Wednesday, 07 October 09
COAL INDIA LOOKS AT LONG-TERM PRICE CONTRACTS
Economic Times reported that, Coal India is looking at long-term price contracts, of at least three-four year periods, with foreign entities, 54 of ...
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- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- India Bulls Power Limited - India
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Minerals Council of Australia
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Economic Council, Georgia
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- MS Steel International - UAE
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Planning Commission, India
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
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