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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, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays.
BDI INDEX
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Saturday, 30 January 10
INDONESIA TO CONSTRUCT 93 POWER PLANTS IN 2ND PROJECT
The government has announced its list of 93 power plants to be built under the second 10,000-megawatt (MW) power generation scheme.
"With th ...
Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligation ...
Friday, 29 January 10
INDIA STEAM COAL IMPORTS TO DOUBLE, BOOST SOUTH AFRICA
* SAfrica seen shipping 75 pct of its coal to Asia in 2010
* Logistics woes hamper SAfrica exports, India imports
India's steam coal imports ar ...
Thursday, 28 January 10
THE IRON ORE EXPORTS FROM INDIA TO CHINA ARE DOWN AND THE RATES DROPPED
HANDY
The BSI has continued its downward trend confirming the softening of the Atlantic since the previous week and reflecting a correction of the ...
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Showing 6041 to 6045 news of total 6871 |
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- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Australian Coal Association
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
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