We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 25 April 09
FOREIGN SHARE DIVESTMENT STARTING THE 6TH YEAR OF PRODUCTION - MAJALAH TAMBANG
The government would set a divestment scheme for foreign miners, which would require companies to divest their ownership starting the 6th year of production. The divestment process would be arranged to gradually reach a total sum of 20% by the end of the 9th year. The technical arrangement for the divestment scheme has been included in the government regulation draft (RPP in its Indonesian abbreviation) as an implementation of the new Mining Law (Law No.4/2009).
S. Witoro Soelarno, Secretary of the Directorate General of Mineral, Coal and Geothermal – Ministry of Energy and Mineral Resources, explained that the divestment’s percentage sum and timetable would also take the interest of the related mining companies into account.
Article 112, Section 1, of the Mining Law stipulated that after 5 years of production, Mining Permit (IUP in its Indonesian abbreviation) and Special Mining Permit (IUPK in its Indonesian abbreviation) owner, whose shares owned by foreigners, are obliged to divest their shares to national entities. The national entities referred to are including central government, local government, state owned enterprises (BUMN in its Indonesian abbreviation), province owned enterprises (BUMD in its Indonesian abbreviation), or national private enterprises.
Some has considered that the regulation might be a threat for investors, since the mining business is long term in nature and that it would require extra budget. If investors must divest their shares in just five years period, they might face a financial trouble because no one would guarantee the expected return for their business.
“The condition would certainly caused difficulties and hesitation for the investors to invest their capital,” M Fadhil Hasan, an economist from the Institute for Development of Economic and Finance (INDEF), asserted.
Nevertheless, Witoro argued that the government would arrange the divestment scheme in the best manner, through the government regulation draft that is currently being prepared.
Source: http://www.majalahtambang.com/detail_berita.php?category=15&newsnr=1404
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 13 April 09
INDIA'S NTPC FOURTH-QUARTER PROFIT RISES 30% ON POWER OUTPUT - BLOOMBERG
NTPC Ltd., India’s biggest electricity generator, said profit rose 30 percent in the fourth quarter after higher efficiency helped production. ...
Thursday, 09 April 09
INDONESIAN CILACAP, FISHERMEN PROTEST COAL BARGES ANCHORING IN BAY - THE JAKARTA POST
Fishermen in Cilacap, Central Java, have protested against the presence of dozens of coal barges lying at anchor in Teluk Penyu Bay, claiming they a ...
Thursday, 09 April 09
INDONESIA'S PLN (STATE ELECTRICITY COMPANY) TO SET POWER PURCHASE PRICES FOR INDEPENDENT PRODUCERS - THE JAKARTA POST
State power company PT PLN holds the mandate to set power purchase prices to buy electricity produced by its (IPP) business partners, aiming at flex ...
Wednesday, 08 April 09
ARCELORMITTAL BUYS STAKE IN COAL OF AFRICA - MINEWEB
Steel maker, ArcelorMittal SA, has acquired a 16.3 percent stake in Coal of Africa Ltd. for $44.98 million in cash.
ArcelorMittal SA, the South A ...
Wednesday, 08 April 09
EXPORTS AT AUSTRALIA NEWCASTLE COAL PORT FALL ON STORM -MINING-JOURNAL
Coal exports from Australia's Newcastle port, the world's largest coal export terminal, fell roughly 18% last week to a 4½-month low, as ro ...
|
|
|
Showing 6811 to 6815 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- VISA Power Limited - India
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- MS Steel International - UAE
- White Energy Company Limited
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
|
| |
| |
|