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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, 23 September 09
TATA POWER TO COMMISSION 2 UNITS OF MUNDRA UMPP BY FEB 2012
Business Standard reported that, the country's largest private power producer Tata Power today said it would commission 1,600 MW capacity of its 4, ...
Wednesday, 23 September 09
NAVA BHARAT TO ADD 300MW CAPACITY, RAISE RS1,386 CRORE (US$ 289,674,610)
The firm plans to place orders for equipment by the end of October and commission both the plants by April 2012 to sell power in the open market
...
Tuesday, 22 September 09
ASIA COAL-PRICES TOPS $70 AS TRADERS SEEK BARGAINS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, rose for the second week to top $70 a tonne this week, clawi ...
Tuesday, 22 September 09
QINHUANGDAO COAL PRICES SURGE ON STRONG DEMAND
People's Daily Online reported that, Coal prices at Qinhuangdao port, China's largest coal port, witnessed the sharpest increase in the year last ...
Tuesday, 22 September 09
SHORT PERIOD RATE FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI just dropping by about 5 pct to 2,356 points last week. The change ...
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- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Planning Commission, India
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- Parliament of New Zealand
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Agrawal Coal Company - India
- The University of Queensland
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- White Energy Company Limited
- Indonesian Coal Mining Association
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
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