COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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.

The government will allow faster asset amortization and impose a lower tax rate on dividend payments for non-resident investors

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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 04 February 10
NO AMDAL, NO COAL MINING IN KALIMANTAN: MINISTRY
To prevent further environmental damage, the government has said it would revoke the licenses of mining firms operating in Kalimantan that do not ha ...


Thursday, 04 February 10
ANTICIPATING DOMESTIC COAL DEMAND
Indonesia has an abundant amount of coal reserves, which in 2008 is estimated at 7,12 billion tones.  Coal production in 2008 reached 231,18 mi ...


Wednesday, 03 February 10
CHINA'S MAIN COAL PRICES FALL AS WINTER DEMAND EASES
Weekly coal prices at China's Qinhuangdao port, a benchmark in the world's biggest producer and consumer of the fuel, fell for the first time in s ...


Wednesday, 03 February 10
NEWCASTLE COAL EXPORTS RISE 3%; SHIP QUEUE SHORTENS
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, increased 3 percent last week while the ...


Wednesday, 03 February 10
INDONESIA BUKIT ASAM SEES DOUBLE DIGIT 2010 REV GROWTH
* 2009 net profit rose an estimated 50 pct * Sees opportunities for overseas acquisitions Indonesian state-owned coal miner Bukit Asam saw 2009 ...


   1205 1206 1207 1208 1209   
Showing 6031 to 6035 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Orica Mining Services - Indonesia
  • Lanco Infratech Ltd - India
  • Kalimantan Lumbung Energi - Indonesia
  • GB Group - China
  • McConnell Dowell - Australia
  • Barasentosa Lestari - Indonesia
  • Thomson Reuters GRC
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Maybank - Singapore
  • Bukit Asam (Persero) Tbk - Indonesia
  • Gresik Semen - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Bayan Resources Tbk. - Indonesia
  • Thailand Anthracite
  • Neyveli Lignite Corporation Ltd, - India
  • Peabody Energy - USA
  • The Treasury - Australian Government
  • KEPCO - South Korea
  • Iligan Light & Power Inc, Philippines
  • Britmindo - Indonesia
  • PNOC Exploration Corporation - Philippines
  • Eastern Energy - Thailand
  • Malabar Cements Ltd - India
  • Indian Oil Corporation Limited
  • Ministry of Transport, Egypt
  • Indian School of Mines
  • Asmin Koalindo Tuhup - Indonesia
  • Wilmar Investment Holdings
  • Pinang Coal Indonesia
  • KPMG - USA
  • IOL Indonesia
  • Coaltrans Conferences
  • Mercator Lines Limited - India
  • Singapore Mercantile Exchange
  • Krishnapatnam Port Company Ltd. - India
  • Directorate General of MIneral and Coal - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Total Coal South Africa
  • Berau Coal - Indonesia
  • Tamil Nadu electricity Board
  • Ceylon Electricity Board - Sri Lanka
  • Pendopo Energi Batubara - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bukit Makmur.PT - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Glencore India Pvt. Ltd
  • Therma Luzon, Inc, Philippines
  • Kumho Petrochemical, South Korea
  • Samtan Co., Ltd - South Korea
  • PetroVietnam Power Coal Import and Supply Company
  • U S Energy Resources
  • ING Bank NV - Singapore
  • Kapuas Tunggal Persada - Indonesia
  • Deloitte Consulting - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Makarim & Taira - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Meralco Power Generation, Philippines
  • Madhucon Powers Ltd - India
  • Toyota Tsusho Corporation, Japan
  • ANZ Bank - Australia
  • Arch Coal - USA
  • bp singapore
  • Energy Link Ltd, New Zealand
  • TRAFIGURA, South Korea
  • Leighton Contractors Pty Ltd - Australia
  • Humpuss - Indonesia
  • MS Steel International - UAE
  • Qatrana Cement - Jordan
  • Meenaskhi Energy Private Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Indonesia Power. PT
  • JPMorgan - India
  • Tata Power - India
  • Anglo American - United Kingdom
  • Economic Council, Georgia
  • Ernst & Young Pvt. Ltd.
  • Rudhra Energy - India
  • SMC Global Power, Philippines
  • Asian Development Bank
  • Goldman Sachs - Singapore
  • McKinsey & Co - India
  • Coal India Limited
  • Orica Australia Pty. Ltd.
  • Australian Commodity Traders Exchange
  • KOWEPO - South Korea
  • Indian Energy Exchange, India
  • Kobexindo Tractors - Indoneisa
  • Gujarat Sidhee Cement - India
  • Agrawal Coal Company - India
  • Lafarge - France
  • Electricity Authority, New Zealand
  • Xindia Steels Limited - India
  • San Jose City I Power Corp, Philippines
  • Platou - Singapore
  • Interocean Group of Companies - India
  • NALCO India
  • Standard Chartered Bank - UAE
  • Indorama - Singapore
  • OCBC - Singapore
  • Larsen & Toubro Limited - India
  • Power Finance Corporation Ltd., India
  • IBC Asia (S) Pte Ltd
  • CCIC - Indonesia
  • Vitol - Bahrain
  • Aboitiz Power Corporation - Philippines
  • Samsung - South Korea
  • Borneo Indobara - Indonesia
  • Cardiff University - UK
  • Siam City Cement PLC, Thailand
  • Infraline Energy - India
  • Alfred C Toepfer International GmbH - Germany
  • PowerSource Philippines DevCo
  • Asia Cement - Taiwan
  • GAC Shipping (India) Pvt Ltd
  • PetroVietnam
  • European Bulk Services B.V. - Netherlands
  • Adani Power Ltd - India
  • Mitra SK Pvt Ltd - India
  • International Coal Ventures Pvt Ltd - India
  • Merrill Lynch Commodities Europe
  • The State Trading Corporation of India Ltd
  • Mintek Dendrill Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Australian Coal Association
  • Cigading International Bulk Terminal - Indonesia
  • Uttam Galva Steels Limited - India
  • Maharashtra Electricity Regulatory Commission - India
  • World Bank
  • Reliance Power - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Credit Suisse - India
  • Semirara Mining Corp, Philippines
  • Ambuja Cements Ltd - India
  • Maruti Cements - India
  • Holcim Trading Pte Ltd - Singapore
  • APGENCO India
  • Sucofindo - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Bharathi Cement Corporation - India
  • Chettinad Cement Corporation Ltd - India
  • Fearnleys - India
  • Indogreen Group - Indonesia
  • Bhushan Steel Limited - India
  • Latin American Coal - Colombia
  • Formosa Plastics Group - Taiwan
  • GN Power Mariveles Coal Plant, Philippines
  • Bank of China, Malaysia
  • Coal and Oil Company - UAE
  • White Energy Company Limited
  • IMC Shipping - Singapore
  • PTC India Limited - India
  • Riau Bara Harum - Indonesia
  • Merrill Lynch Bank
  • Energy Development Corp, Philippines
  • Japan Coal Energy Center
  • SGS (Thailand) Limited
  • Indonesian Coal Mining Association
  • New Zealand Coal & Carbon
  • Cement Manufacturers Association - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Edison Trading Spa - Italy
  • Indika Energy - Indonesia
  • Jindal Steel & Power Ltd - India
  • Jorong Barutama Greston.PT - Indonesia
  • Simpson Spence & Young - Indonesia
  • Savvy Resources Ltd - HongKong
  • Mechel - Russia
  • Jatenergy - Australia
  • GNFC Limited - India
  • VISA Power Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • TNB Fuel Sdn Bhd - Malaysia
  • Thai Mozambique Logistica
  • PLN Batubara - Indonesia
  • UOB Asia (HK) Ltd
  • Clarksons - UK
  • Siam City Cement - Thailand
  • Jaiprakash Power Ventures ltd
  • CIMB Investment Bank - Malaysia
  • Renaissance Capital - South Africa
  • Bank of America
  • Miang Besar Coal Terminal - Indonesia
  • BNP Paribas - Singapore
  • Core Mineral Indonesia
  • World Coal - UK
  • TNPL - India
  • Barclays Capital - USA
  • Freeport Indonesia
  • Star Paper Mills Limited - India
  • NTPC Limited - India
  • Binh Thuan Hamico - Vietnam
  • Independent Power Producers Association of India
  • India Bulls Power Limited - India
  • Bhoruka Overseas - Indonesia
  • Ind-Barath Power Infra Limited - India
  • CoalTek, United States
  • The University of Queensland
  • Cemex - Philippines
  • Port Waratah Coal Services - Australia
  • Grasim Industreis Ltd - India
  • Planning Commission, India
  • Permata Bank - Indonesia
  • Medco Energi Mining Internasional
  • Thermax Limited - India
  • globalCOAL - UK
  • Mitsubishi Corporation
  • Romanian Commodities Exchange
  • Ministry of Finance - Indonesia
  • TGV SRAAC LIMITED, India
  • Baramulti Group, Indonesia
  • TeaM Sual Corporation - Philippines
  • ETA - Dubai
  • Essar Steel Hazira Ltd - India
  • Global Coal Blending Company Limited - Australia
  • Moodys - Singapore
  • SUEK AG - Indonesia
  • Coal Orbis AG
  • Sical Logistics Limited - India
  • DBS Bank - Singapore
  • Cebu Energy, Philippines
  • SMG Consultants - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Posco Energy - South Korea
  • Price Waterhouse Coopers - Russia
  • Sojitz Corporation - Japan
  • Dalmia Cement Bharat India
  • Wood Mackenzie - Singapore
  • Kaltim Prima Coal - Indonesia
  • The India Cements Ltd
  • Kobe Steel Ltd - Japan
  • Geoservices-GeoAssay Lab
  • ASAPP Information Group - India
  • Timah Investasi Mineral - Indoneisa
  • London Commodity Brokers - England
  • Russian Coal LLC
  • Cargill India Pvt Ltd
  • Petron Corporation, Philippines
  • Bulk Trading Sa - Switzerland
  • Coastal Gujarat Power Limited - India
  • Vijayanagar Sugar Pvt Ltd - India
  • SN Aboitiz Power Inc, Philippines
  • Inco-Indonesia
  • Banpu Public Company Limited - Thailand
  • Gupta Coal India Ltd
  • GVK Power & Infra Limited - India
  • Idemitsu - Japan
  • Indo Tambangraya Megah - Indonesia
  • Surastha Cement
  • Panama Canal Authority
  • Petrochimia International Co. Ltd.- Taiwan
  • Central Java Power - Indonesia
  • Rio Tinto Coal - Australia
  • Altura Mining Limited, Indonesia
  • Sree Jayajothi Cements Limited - India
  • Bangladesh Power Developement Board
  • Billiton Holdings Pty Ltd - Australia
  • Mercuria Energy - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Electricity Generating Authority of Thailand
  • Gujarat Electricity Regulatory Commission - India
  • Cosco
  • Semirara Mining and Power Corporation, Philippines
  • KPCL - India
  • Central Electricity Authority - India
  • Global Business Power Corporation, Philippines
  • Bhatia International Limited - India
  • Marubeni Corporation - India
  • GMR Energy Limited - India
  • Kideco Jaya Agung - Indonesia
  • Adaro Indonesia
  • Coalindo Energy - Indonesia
  • SASOL - South Africa
  • Maersk Broker
  • TANGEDCO India
  • Karaikal Port Pvt Ltd - India
  • GHCL Limited - India
  • Noble Europe Ltd - UK
  • Salva Resources Pvt Ltd - India
  • Rashtriya Ispat Nigam Limited - India
  • Shenhua Group - China
  • Kohat Cement Company Ltd. - Pakistan
  • ACC Limited - India
  • Straits Asia Resources Limited - Singapore
  • SRK Consulting
  • Tanito Harum - Indonesia
  • Vizag Seaport Private Limited - India
  • Coeclerici Indonesia
  • Vale Mozambique
  • Arutmin Indonesia
  • WorleyParsons
  • Intertek Mineral Services - Indonesia
  • Mjunction Services Limited - India
  • Platts
  • Parry Sugars Refinery, India
  • Malco - India
  • Sakthi Sugars Limited - India
  • UBS Singapore
  • Petrosea - Indonesia
  • Inspectorate - India
  • Oldendorff Carriers - Singapore
  • Antam Resourcindo - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Tata Chemicals Ltd - India
  • Aditya Birla Group - India
  • Trasteel International SA, Italy
  • HSBC - Hong Kong
  • Deutsche Bank - India
  • IEA Clean Coal Centre - UK
  • EIA - United States
  • Ince & co LLP
  • Runge Indonesia
  • Parliament of New Zealand
  • Attock Cement Pakistan Limited
  • Kepco SPC Power Corporation, Philippines
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • RBS Sempra - UK
  • Metalloyd Limited - United Kingdom
  • Directorate Of Revenue Intelligence - India
  • Chamber of Mines of South Africa
  • Minerals Council of Australia
  • Maheswari Brothers Coal Limited - India
  • Videocon Industries ltd - India
  • PLN - Indonesia
  • CESC Limited - India
  • ICICI Bank Limited - India
  • Heidelberg Cement - Germany
  • MEC Coal - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Eastern Coal Council - USA
  • Thiess Contractors Indonesia
  • J M Baxi & Co - India
  • South Luzon Thermal Energy Corporation
  • Xstrata Coal
  • Carbofer General Trading SA - India
  • Argus Media - Singapore
  • Georgia Ports Authority, United States
  • Enel Italy
  • JPower - Japan
  • Africa Commodities Group - South Africa
  • Mitsui
  • Sindya Power Generating Company Private Ltd
  • Manunggal Multi Energi - Indonesia
  • Shree Cement - India
  • Commonwealth Bank - Australia
  • Thriveni
  • Bangkok Bank PCL
  • BRS Brokers - Singapore
  • CNBM International Corporation - China
  • Vedanta Resources Plc - India
  • EMO - The Netherlands
  • Ministry of Mines - Canada