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Wednesday, 29 April 09
NEW GOV'T REGULATION SHOULD INCORPORATE CONFLICT SETTLEMENT BODY - ICMA (MAJALAH TAMBANG)
A draft government regulation on mineral and coal is currently in a process of completion. The Indonesian Coal Mining Association (ICMA) proposed that a new body for conflict settlement be incorporated in the draft regulation. The new body would then be dependable for conflicts related to mining zones. ICMA further suggested that the regulation also endorses Initial Public Offerings (IPO) as a divestment model of foreign owned shares in Indonesia.
Supriatna Suhala, ICMA's Executive Director, revealed that the association had received four draft regulations on mineral and coal from the government, who is looking for inputs prior to the regulations' enactment. The four drafts would engage in several keypoints and activities in the new mining law: on mining zones, mining business, direction and supervision of mining, and on reclamation and post-mining.
In his assessment, the four draft regulations are still inadequate. On the issue of mining zones, for instance, there is no single mentioning of a conflict settlement body. To determine zonal areas for mining, the potential of a conflict is huge, therefore a special refereeing body is seen as a way to avoid frictions on the issue, said the spiritful Mr. Suhala. "In such a conflict, the body could ultimately decide on which sector to be given the opportunity to make use of the mining zone(s) first. In short, the body would be able to put the national interests above others," he added. In the past, the issue of overlapping of mining areas had among others pitted the mining sector against the forestry, the agricultural, and the environmental sectors.
Mr. Suhala also noted that a divestment obligation which should begin five years after the initial operation of a company here would only add to the corporation's woes. By then, companies would still be in debts to their financiers as their business are also still years away from their break even points.
On the discussion of mining business, Mr. Suhala stated that IPO is already a very transparent practice as a divestment model. "It should be conducted in the most transparent manner possible, otherwise it would not benefit (the sector)," he said.
Mr. Suhala then confirmed that ICMA would present all its views and suggestions during the next discussion on the draft regulations with the government and other stakeholders in the mining sector. The association has absolutely high hopes that when enacted, the bylaws would provide a certain support to create a more conducive investment climate in the mining sector.
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Wednesday, 18 March 09
MANILA'S NAPOCOR SAYS BIDDING FOR 100,000T COAL FAILS - REUTERS
Top Philippine electricityproducer National Power Corp (Napocor) was unable to secure 100,000 tonnes of local coal for one of its power plantsfollow ...
Wednesday, 18 March 09
INDONESIA'S PLN APPOINTS KPC TO SUPPLY COAL - REUTERS
State electricity firm Perusahaan Listrik Negara (PLN) appointed PT Kaltim Prima Coal to supply 1 million tonnes of coal per annum to Tanjung Jati B ...
Monday, 16 March 09
TATA POWER HAS NO PLAN TO SELL STAKE IN INDONESIA BUMI MINES - BLOOMBERG
Tata Power Co., India’s biggest electricity generator outside state control, said it has “no intention” to sell its stake in two I ...
Monday, 16 March 09
ANTAM SELECTS PARTNERS FOR POMALAA POWER PLANT - THE JAKARTA POST
PT Aneka Tambang Tbk, Indonesia’s second-largest nickel producer, said it intended to develop a $300 million coal-fired plant in Pomalaa, Sout ...
Monday, 16 March 09
ADARO TO BOLSTER SUPPLY CHAIN THROUGH ACQUISITIONS - THE JAKARTA POST
PT Adaro Energy Tbk, Indonesia's second-largest coal producer, plans to acquire a coal barging and transshipment company to improve its supply chai ...
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- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- The University of Queensland
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- White Energy Company Limited
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
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