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Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed strategically important to take place in protected forests.
The decree, which took effect on Feb. 1, is certain to anger environmental groups given that the country already has one of the fastest rates of deforestation in the world.
“The use of forest areas for development activities can be done for unavoidable strategic purposes,” said the decree, which said key development projects included power plants, renewable energy, toll roads and train lines.
The decree said open-pit and underground mining could take place in production forests, which is a forest area considered neglected or abandoned after trees have been cut.
“In a protected forest, mining can be done through underground mining,” the decree said.
The decree defined mining activities as including oil and gas, minerals, coal and geothermal.
Yudhoyono has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads. Increasing exploitation of mineral resources and speeding up infrastructure development are seen as keys to boosting growth and creating jobs.
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“President has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads”
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State-owned oil and gas company PT Pertamina has urged the Forestry Ministry to allow geothermal activities in protected forests as most of the country’s geothermal reserves are located in these areas.
There has frequently been confusion over whether companies can exploit resources in forest areas, with various ministries requiring permits.
The Forestry Ministry recently asked Freeport McMoRan Copper and Gold to submit a request to use land in a protected forest area, a ministry official said on Tuesday. Freeport operates the huge Grasberg copper and gold mine in Papua. Grasberg has the world’s largest recoverable reserves of copper and the largest gold reserves.
In 2004, the government allowed 13 mining firms, including Freeport, to continue mining operations after the introduction of a law in 1999 that banned open-pit mining in forested areas.
Last month, police temporarily shut the Jorong coal mine in Kalimantan operated by a unit of Thailand’s top coal miner, Banpu, over a permit problem. Banpu said the closure would only have a slight impact on production at its domestic unit, PT Indo Tambangraya Megah.
Indonesia has struggled to attract fresh investment into mining, as well as for developing new oil and gas fields, partly due to uncertain regulations and red tape.
The government has previously said it expected mining investment to hit $2.5 billion this year, up from $1.81 billion in 2009, supported by greater certainty after the introduction of new mining regulations.
Source: The Jakarta Globe
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Thursday, 18 March 10
INDONESIAN COAL PRODUCTION EXPECTED TO BEAT EARLIER FORECAST
The Jakarta Globe reported that, the government expects coal output this year to exceed its initial projection of 250 million metric tons as the dri ...
Thursday, 18 March 10
COAL PILING UP AT EAST COAST PORTS ON RAKE SHORTAGE
Business Line reported that, more than three million tonnes (mt) of imported coal are awaiting evacuation at the east coast ports of Paradip, Visakh ...
Tuesday, 16 March 10
INDONESIA ROUND VOYAGES WERE GETTING BETWEEN HIGH TEENS - BRS
Another strong week for the bulk market and rates in all segments are now back above pre-Chinese New Year levels. Atlantic volumes remain robust, an ...
Tuesday, 16 March 10
MADHUCON GETS MINING LICENSE IN INDONESIA
Business-Standard reported that, PT Madhucon Indonesia, a subsidiary of the Hyderabad-based infrastructure company Madhucon Projects Ltd, has been g ...
Monday, 15 March 10
BOB KAMANDANU ON INDONESIAS PEAK COAL PRODUCTION, ENERGY SECURITY AND EXPORTS TO INDIA
Bob Kamandanu, the chairman of Indonesian Coal Producers Association (APBI), said the country has an estimated 50 to 70 years of coal reserves.
T ...
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- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- London Commodity Brokers - England
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- The University of Queensland
- Mjunction Services Limited - India
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
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