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Wednesday, 21 October 09
LAW ACCOMMODATES NATIONAL AND INVESTOR INTERESTS
COALspot.com (Indonesia): According to ESDM, the government has issued five Lawson the energy and mineral resources sector. These laws will prioritize national interests without setting aside the interests of investors. Issuance of these laws is aimed at providing certainty and as a corridor for foreign investors in Indonesia.
Five laws which were issued after 2000 covers Oil and Gas, Geothermal, Energy, Mineral and Coal, and Electricity. While opening “The Energy & Mining Indonesia Series 2009” on Wednesday (14/10), The Minister of Energy and Mineral Resources stated that the five laws will provide a foundation for future energy and mineral resource sector policies. The government is responsible for providing policies, regulations, and carrying out supervisions.
Regarding questions from several individuals that the laws will put aside the national and investor’s interests, the Minister explains that regulations based on these laws shall be investor-friendly while aiming to increase the prosperity of Indonesians. Furthermore, there isn’t a single regulation which discriminates foreign investors from their domestic counterparts. “We treat both foreign and domestic investors exactly the same” explains the Minister.
On questions regarding the Electricity Law, the Minister explains “the government would never alienate PLN. This law is needed by the sector and it isn’t for PLN” confirmed the Minister. Law which regulates PLN, Pertamina, and corporate is governed by the State Minister for State Owned Companies.(cs)
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Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
Thursday, 22 October 09
2ND UNITED INDONESIA CABINET UNVEILED
The Jakarta Post reported that, President Susilo Bambang Yudhoyono announced his second United Indonesia Cabinet on Wednesday night, comprising 34 m ...
Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks t ...
Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a c ...
Wednesday, 21 October 09
MINING REGULATION GENERATES CONFUSION IN INDONESIA
The Jakarta Globe reported that, Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the w ...
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- Formosa Plastics Group - Taiwan
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- London Commodity Brokers - England
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- Orica Australia Pty. Ltd.
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- Central Electricity Authority - India
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- Planning Commission, India
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- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
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- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
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- Australian Coal Association
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- Thai Mozambique Logistica
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- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
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- Aditya Birla Group - India
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- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
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- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
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- Pipit Mutiara Jaya. PT, Indonesia
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- Dalmia Cement Bharat India
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- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- The Treasury - Australian Government
- The University of Queensland
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
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- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
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- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
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- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
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- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
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- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
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- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
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- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
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- Marubeni Corporation - India
- Interocean Group of Companies - India
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- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
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