We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 30 October 09
MINERS TOLD TO SPEND ON LOCAL SERVICE FIRMS
 The energy and mineral resources ministry has issued a ministerial regulation ordering mining firms to prioritize hiring domestic service companies in a bid to expand local capacity.
The regulation is part of the enactment of the new mining law, M.S Marpaung, a technical and environmental director for minerals, coal and geothermal at the ministry told members of Indonesian Mining Services Association (Aspindo) on Wednesday.
The Energy and Mineral Resources Minister’s new regulation, which took effect on Sept. 30, requires mining license holders to make more use of local service companies.
The firms can only use foreign-owned service companies after they have announced tenders through the mass media, when no local companies are technically and financially capable of doing the work.
The regulation applies now to companies jointly owned by domestic and foreign investors operating under the new mining license regime, while those under the old working contract regime are a given three-year transition period.
The regulation stipulates that appointed foreign-owned service companies must outsource part of the work to local service companies.
“Outsourced jobs must be part of core activities,” Marpaung said.
He added that the regulation aimed at helping the country to benefit more from the mining sector. “To get a bigger slice from the sector, we must develop the peripheral parts of the sector,” he said.
Aspindo has 120 mining service companies as members and 90 percent are domestic firms, including big national companies operating as miner contractors including PT Pama Persada Nusantara (PAMA), PT Bukit Makmur Mandiri Utama, PT Saptaindra Sejati (SIS), PT Cipta Kridatama, and PT Darma Henwa.
The foreign-controlled companies include Thiess Contractors, PT Petrosea, and Leighton.
Aspindo’s chairman Tjahjono Imawan said the regulation was positive, especially for domestic companies. “In general, the regulation gives a legal basis for service companies’ activities. For the domestic companies, the regulation will give more opportunities,” he said.
Nur Hardono, head of sub directorate for minerals, coal, and geothermal supporting businesses at the ministry, said the regulation was the legal basis for mining service activities given the new mining law.
The new regulation should give clarity to government institutions and law enforcement agents in safeguarding the implementation of the law, he said. Nur said recently PT Timah had problems with the police in Bangka Belitung due to a misinterpretation of the law.
“Without detailed explanation, this may create misunderstandings as this can make the service companies’ activities appear to be illegal,” Nur said.
Source: The Jakarta Post
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 29 October 09
COAL OF AFRICA SEES VELE OUTPUT BY APRIL 2010
* First coal from Mooiplaats mined and sold
* Talks with Transnet on rail PPP on track
Reuters reported that, Coal of Africa (CoAL) said on Mond ...
Thursday, 29 October 09
UAE FUND EYES INDIA POWER FOR INDONESIAN COAL
Reuters reported that, the UAE's Middle East Coal (MEC) is in talks to buy equity stakes in India's power plants in exchange for long-term coal su ...
Thursday, 29 October 09
CESC POSTS RS 126 CRORE (US$ 26,655,178) NET PROFIT IN QUARTER TWO
Economic Times reported that, Energy major CESC posted a marginal increase in net profit at Rs 126 crore (US$ 26,655,178) for the quarter ended Sep ...
Thursday, 29 October 09
INDIA MMTC TENDER SET TO BOOST S.AFRICA COAL
The South African coal market is set to be boosted further by India's state-owned trading firm MMTC Ltd's tender for 12.5 million tonnes, Indian t ...
Thursday, 29 October 09
INDIA CEMENTS SET TO ACQUIRE COAL MINE IN INDONESIA
Business-Standard reported that, India Cements is set to acquire a coal mine in Indonesia for around $20 million (around Rs 100 crore). The company ...
|
|
|
Showing 6291 to 6295 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- The University of Queensland
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Star Paper Mills Limited - India
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- VISA Power Limited - India
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
|
| |
| |
|
