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Monday, 28 June 21
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA THREATENS TO REVOKE 2,350 MINING BUSINESS PERMITS
 The Ministry of Energy and Mineral Resources said that the revocation of mining business permits was in accordance with President Jokowi's instructions.
The Ministry of Energy and Mineral Resources has threatened to revoke mining business permits that do not carry out any activities at all. At least 2,350 business licenses that do not carry out any activities out of 5,600 mining business licenses that exist today, said katadata, a local media in its report.
The report further noted that, special Staff of the Mineral Resources for Mineral and Coal - Mining Management of Minister of Energy Irwandy Arif said that according to the instructions of the President of Indonesia, mining companies that do not carry out activities will have their permits revoked.
The katadata’s report further said, initially, the President requested 1,600 mining business permits, holders of Mining Business Permits (IUP), Coal Mining Concession Work Agreements (PKP2B), and Contracts of Work (KK) to have their permits reviewed. However, after the Ministry of Energy and Mineral Resources conducted a number of evaluations, it turned out that those who did not carry out activities actually exceeded 1600 permits.
Currently, the government is still evaluating all the problematic mining permits. Those who cannot carry out the activities will have their permit revoked. "It turns out that it's not 1,600, in fact there are 2,300 or closer to 2350 permits," said Irwandy in a virtual discussion, Friday (25/6).
For information, mining permits are no longer the authority of local governments. In accordance with Law Number 3 of 2020 concerning Mineral and Coal Mining or the Minerba Law, the central government took over the authority to issue or revoke permits. It is hoped that the presence of the regulation will reduce the complicated licensing process. At the same time, the government also issued Law Number 11 of 2020 concerning Job Creation. This omnibus law will facilitate the implementation of the one-stop licensing process and online single submission (OSS). The government is currently working on its derivative regulations. One that is being formulated is the draft government regulation (RPP) on the implementation of business licensing in the regions. It will contain technical requirements for simplification of low and medium risk business activities.
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Thursday, 27 May 21
CHINA POWER DEMAND EXCEEDS PRE-COVID-19 LEVELS; THERMAL OUTPUT STRONG - FITCH RATINGS
Rising Consumption: Total power consumption rose by 21.2% yoy to 1,921.9GWh in 1Q21 due to the fast recovery of China’s economy, after a drop ...
Thursday, 27 May 21
CHINA'S POWER DEMAND EXCEEDS PRE-PANDEMIC LEVELS; RENEWABLES TO DRIVE DEVELOPMENT - FITCH RATINGS
China's power consumption exceeded the pre-Covid-19 levels in 1Q21 due to the country's fast economic recovery, with strong output from the ...
Wednesday, 26 May 21
THE INDONESIA COAL PRICE REFERENCE FOR MAY 2021 SETTLES AT US$ 89.74 PER TON
COALspot.com: The Indonesia coal price reference for May 2021 settles at US$ 89.74 per ton FOB vessel.
The Indonesia coal pric ...
Wednesday, 26 May 21
MARKET INSIGHT - INTERMODAL
Last year crude tankers’ newbuilding contracting activity was devastated by the economic effects of the Covid-19 pandemic and the cloud of un ...
Wednesday, 26 May 21
NEW POWER AND ENERGY MASTER PLAN MUST BE DESIGNED IN BANGLADESH'S BEST INTERESTS, NOT JAPAN'S - IEEFA
JICA must deliver a low or zero emissions plan as promised, not fund Matarbari 2 coal plant
Clear understandings from the Bangladesh ...
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- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Timah Investasi Mineral - Indoneisa
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Minerals Council of Australia
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
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