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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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Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal.
“We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...
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Showing 6036 to 6040 news of total 6871 |
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- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- South Luzon Thermal Energy Corporation
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- Australian Coal Association
- Planning Commission, India
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- PTC India Limited - India
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Makarim & Taira - Indonesia
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