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Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic demand, especially for electricity generation, an official said.
"The figure is based on our estimate of the domestic demand for coal," Bambang Setiawan, director general for coal, minerals and geothermal energy at the Energy and Mineral Resources Ministry, told reporters Wednesday.
The export cap will be included in a government regulation on domestic market obligations (DMO).
"We expect the regulation on the DMO to be concluded this year," Bambang said.
According to Bambang, national coal production this year is targeted at 230 million tons. He said that as much as 161.5 tons of this total were for export and the remaining 68.5 tons were for the domestic market.
The Indonesian Coal Producers Association has estimated national coal production will reach 250 million tons this year while the domestic demand will reach 50 million tons.
Bambang said the domestic demand would increase significantly in the upcoming years as power plants from the government's 10,000 megawatt electricity crash program would begin operation in 2011.
He said the coal demand from the power sector in 2011 would be somewhere between 65 million and 70 million tons a year, up from 40 million to 46 million tons this year.
Bambang also announced a government plan to provice incentives for low-calorie coal producers.
Bamband said the government plans to reduce the percentage of the so-called coal production fund (DHPB), which basically consist of development fee and royalty paid to the government.
The government requires low-calorie coal producers to pay the DHPB as much as 13.5 percent of their sales revenue.
Bambang said the Energy and Mineral Resources Ministry proposed to reduce the DHPB for low-calorie coal producers from 13.5 percent to around 7.5 percent. The reduction will only be taken from the development fee, while the royalty will remain at 3 percent.
"This proposal still needs to be discussed further with the Finance Ministry," Bambang said.
Source: The Jakarta Post
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Tuesday, 08 September 09
INDONESIA OFFERS AN OPPORTUNITY TO INDIANS
Meri News reported that, Indonesia is all set to launch the country's second 10,000 MW accelerated power expansion programme. The new power develop ...
Tuesday, 08 September 09
BUKIT ASAM AIMS 14 MLN TONS COAL PRODUCTION
VIVA News reported that, The rise in coal production is mainly triggered by the step-up in domestic demand.
Coal mining company PT Tambang Batuba ...
Tuesday, 08 September 09
MERCHANT BANKERS ADVISE CIL ON INDONESIAN MINE BUYS
Business Standard reported that, State-owned Coal India Ltd (CIL) is being advised by four to five merchant bankers on acquisition of coal assets in ...
Tuesday, 08 September 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 - PRESS RELEASE
The 3rd Asia Pacific Coal Trading & Investment Outlook 2009
Analysis of Asia Coal Market amid Global Financial Crisis
COALspot.com(Chin ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA
Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination ...
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- Kartika Selabumi Mining - Indonesia
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- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
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- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
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- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
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- TeaM Sual Corporation - Philippines
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- Bayan Resources Tbk. - Indonesia
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- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Aditya Birla Group - India
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Planning Commission, India
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- PTC India Limited - India
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- The University of Queensland
- White Energy Company Limited
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- VISA Power Limited - India
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Parliament of New Zealand
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
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