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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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Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mi ...
Thursday, 04 March 10
THE INDIAN MARKET WAS STILL STRONG - FEARNRESEARCH
HANDY
Activity has gradually improved in the Atlantic throughout the week. All areas&n ...
Thursday, 04 March 10
GLOBAL COAL PRICES GETS SUPPORT FROM EM DEMAND
Commodity Online reported that, AP12 coal prices look well supported in 2010 thanks to positive outlook for Chinese coal demand whereas coal demand ...
Thursday, 04 March 10
THREE NEW GLOBAL PRICES INDEXES FOR COKING COAL
Commodity Online reported that, On February 26, Energy Publishing Co. broke new ground in the coal-marketing industry when it began publishing three ...
Tuesday, 02 March 10
INDIA WAS AGAIN THE WINNER IN THE EAST, WITH SUPRAMAXES FIXING CLOSE TO US$40,000/DAY FROM THE WEST COAST
There was little movement in the BDI this week but behind the scenes, the Supramax and Handy size segments posted significant gains, correcting the ...
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Showing 5961 to 5965 news of total 6871 |
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- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Planning Commission, India
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
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