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Saturday, 13 February 10
INDONESIA OFFERS TAX INCENTIVES FOR RENEWABLE ENERGY
 Indonesia is offering tax incentives to develop renewable energy projects, including geothermal energy, to cut dependency on fossil fuels, a decree published on the finance ministry's web site (www.depkeu.go.id/ind/) showed. Indonesia has said previously that its wants to use more renewables and is targeting by 2025 an energy use mix of 30 percent from gas, 20 percent from oil-based fuels, 30 percent from coal, and the rest from renewables such as geothermal and solar power.
According to the decree, signed Jan. 29 by Finance Minister Sri Mulyani Indrawati, the government will reduce net tax by 5 percent per year on total investment for 6 years.
The government will also allow faster asset amortization and impose a lower tax rate on dividend payments for non-resident investors, the decree said.
The government will also provide exemption from value-added tax and import duty for equipment and machinery used in renewable energy projects.
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“The government will allow faster asset amortization and impose a lower tax rate on dividend payments for non-resident investors”
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An exemption on value-added tax on equipment used for exploration of oil and other energy resources, including geothermal, has also been extended until December.
Indonesia, with hundreds of active and extinct volcanoes, has the potential to produce an estimated 27,000 MW of electricity from geothermal sources.
However, that potential remains largely untapped because the high cost of geothermal energy makes the price of electricity generated this way expensive.
Chevron, lLocal energy firm Medco Energi Internasional and state oil firm Pertamina currently have geothermal investments in Indonesia.
Indonesia has also been offering new exploration rights and financial incentives for oil and gas investors in a bid to stem a steady decline in production that has increased the need for imports.
However, oil industry players have said that the incentives are not sufficient.
Indonesia has turned into a net importer of crude oil in recent years as production has slumped after a failure to tap new fields fast enough. Its crude oil production has dropped from about 1.5 million barrels per day (bpd) in the 1990s to about 815,000 bpd currently.
Source: Reuters
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Saturday, 13 March 10
OPTIMUM COAL AIMS TO RAISE R1,6 BILLION IN LISTING
All Africa reported that, COAL mining and exploration company Optimum Coal yesterday announced plans to list on the JSE at the end of the month ...
Thursday, 11 March 10
THE INDIAN MARKET WAS A BIT QUIET BUT STILL FIRM - FEARNLEYS AS
Handy - Atlantic activity has kept its firm tendency throughout the week for handies, with Atlantic RV´s fixed in the USD.16000 region. With s ...
Thursday, 11 March 10
COAL PRICES SET TO RISE AMID CONFUSION OVER QUARTERLY SYSTEM
Trading room reported that, Coal prices are tipped to rise in coming months amid constrained supply and ongoing Chinese demand, and analysts are con ...
Wednesday, 10 March 10
PROTECTED FORESTS NOW UP FOR GRABS FOR MINING
The Jakarta Post reported that, the government has just issued two new regulations on forests, which could allow protected forests to be used for co ...
Tuesday, 09 March 10
REGULATION NO.23 OF 2010 CONCERNING IMPLEMENTATION OF NEW MINING LAW, PROVIDES MORE CLARITY ON OBTAINING A IUP
COALspot.com: Indonesian government has recently issued another regulation related to Law number 4 of 2009 concerning mineral and coal mining. Two r ...
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Showing 5946 to 5950 news of total 6871 |
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- Formosa Plastics Group - Taiwan
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- The University of Queensland
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Planning Commission, India
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
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