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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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Monday, 11 March 13
SUB-BIT FOB INDONESIA COAL SWAPS FELL 1.41 PERCENT W-W
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 1.41percent and CFR South China coal shipment ...
Sunday, 10 March 13
INDIA - INDONESIA SUPRAMAX FREIGHT : FIRM TREND
COALspot.com – This week freight market was raised and remained firm in all segments.
The BDI was up by 6.70 pct closed at 843 points, ...
Friday, 08 March 13
EKO SANTOSO BUDIANTO APPOINTED AS PRESDIENT DIRECTOR OF BERAU COAL ENERGY
COALspot.com - PT Berau Coal Energy has appointed Eko Santoso Budianto as new president director, replacing Rosan Roeslani. Berau’s extraordin ...
Friday, 08 March 13
INDONESIAN HBA UP FOR FIVE CONSECUTIVE MONTHS
COALspot.com - The Indonesian government has declared bench mark price for coal has moved upwards in March 2013.
The monthly coal reference ...
Friday, 08 March 13
DRY BULK MARKET ON A RISING TREND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its rising pattern set after China opened up again for business, following the Asian New Year Holidays. As a resul ...
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- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- The University of Queensland
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- ASAPP Information Group - India
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
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