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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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Wednesday, 21 October 09
INDONESIA'S BUKIT ASAM GETS COAL RAILWAY APPROVAL
Reuters reported that, Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk said on Wednesday it had been given government approval to sta ...
Wednesday, 21 October 09
COAL DEMAND SOARS AS ASIA ECONOMIES REBOUND - PEABODY
Reuters reported that, Demand for coal to generate electricity and make steel in China and India is expected to grow by 7 percent to 8 percent annua ...
Wednesday, 21 October 09
INDONESIAN SHOCK FOR INDIAN POWER PLANTS
Business-Standard reported that, India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdl ...
Wednesday, 21 October 09
DUTA GRAHA PLANNING TO DELVE INTO MINING SECTOR
The Jakarta Globe reported that, PT Duta Graha, one of the country’s largest private engineering firms, says it intends to diversify into the ...
Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES
* RECAPITAL CONFIRMS IT HAS BID FOR BERAU
* BAKRIE GROUP LIKELY TO BACK BID – SOURCES
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- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Planning Commission, India
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Australian Coal Association
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
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