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Sunday, 10 March 13
INDONESIA'S FORESTRY DEPARTMENT IS TO INCREASE BORROW-TO-USE PERMITS (IJIN PINJAM PAKAI) FEE SOON
COALspot.com : Indonesia to increase borrows-to-use permit fees by 33.33 percent. The government of Indonesia is planning to increase the state’s non-tax revenues (PNBP) by raising the fee for a borrow-to-use permit (Ijin Pinjam Pakai) from Indonesian Rupiah 3 million (approximately US$ 309.85) to Indonesian Rupiah 4 million (approximately US$ 413.13) per hectare per annum. According to the government regulation, no. 2 of 2008 IPPKH, a tariff of Rp. 3 million (approximately US$ 309.85) per hectare, to be paid to obtain a borrow-to-use permit, in particular for mining activities.
The fee increase will be varied depends on industry. However, the highest increase will be for mining activities. This increase of permit fee is part of implementation of Law. 41/1999 on Forestry, according to minister of Forestry.
The minister of Forestry recently said to media that, "Currently we are waiting for the Government Regulation." According to him, Indonesian cabinet has agreed to increase fee and waiting for government regulation, which has to be signed by President of Indonesia.
Media reports further said that, Indonesian Ministry of Forestry had issued 735 (total) borrow-to-use permits (Ijin Pinjam Pakai) as of January 2013.
466 permits issued specifically for exploration purpose covering around 2.434 million hectares related to oil and gas, metals, other minerals, coal, mineral C, geothermal and mine infrastructure industry. In addition to that, Ministry also has issued another 369 permits for exploitation purpose covering 366,703 hectares.
According to an Article, 50 paragraphs (3) of Law no. 41 Years 1999 on Forestry ("Law 41/1999") any activity in forestry area is prohibited before obtaining the permit from the competent authority (the Ministry of Forestry). Prior to obtain the borrow-to-use permits, the mining activities, including exploration should not be conducted.
The company which violates the provisions is subject to criminal sanctions under Article 78 of Law 41/1999, such as including but not limited to imprisonment (for the director or authorized to represent the company) and fines and also confiscation of machineries, heavy equipments and other equipment used to explore, exploit and transport.
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Friday, 19 April 13
FIRST QUARTER OF 2013 PROVEN A POSITIVE SURPRISE FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite ominous predictions regarding the negative performance of the dry bulk market during the – traditionally weak anyway – first qua ...
Thursday, 18 April 13
HANDY: STABLE ; PANAMAX: BUSY WEEK - FEARNRESEARCH
Handy
The Atlantic markets remain stable in this week. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 12k. The Pacific market is bit f ...
Thursday, 18 April 13
FEATURE: PREDICTING THE FUTURE - AND THE PAST - BIMCO
It’s not predicting the future that is problematical, it’s the realisation that you have to relive the past again and again when you fai ...
Wednesday, 17 April 13
INDONESIA SHIPPED 80 MILLION TONS OF COAL IN FIRST QUARTER - COAL DIRECTOR
COALspot.com - Indonesia has exported around 80 million tons of coal including power plant coal in first three months of this year.
Speaking on t ...
Tuesday, 16 April 13
AUSTRALIAN NEWCASTLE PORT'S COAL EXPORTS JUMPED 20.87 PER CENT ON WEEK TO 3.07 MMT
COALspot.com - Newcastle port in Australia has loaded 3,077,431 tons of thermal and coking coal for week ended 0700 hours 15 April 2013, Newca ...
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Showing 4311 to 4315 news of total 6871 |
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- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- MS Steel International - UAE
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
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