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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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Thursday, 07 February 13
CHINA NDRC APPROVED 10 BILLION YUAN POWER GENERATION PROJECTS
NDRC of China currently announced that some of power grid and power station in Jiangxu, Sichuan and Anhui Province would be newly constructed or ext ...
Thursday, 07 February 13
CAPESIZE : MORE ACTIVE WEEK IN THE PACIFIC - FEARNLEYS AS
Handy
The Atlantic market remained stable with no significant movement in rates. Rates from USG to FEast were around USD 18k and Black Sea to Feast ...
Thursday, 07 February 13
WEAK STEEL MARKET MEANS IRON ORE RALLY LIKELY TO END SOON - FITCH
The sharp rebound in iron ore prices over the last couple of months will hurt margins at non-integrated steel producers in the first quarter of 2013 ...
Tuesday, 05 February 13
THE SHIPPING SECTOR IS " NAVIGATING IN STORMY WATERS" - PWC
The vulnerabilities of the global economy have been exposed and have more than played their part in making 2011 one of the worst years of shipping i ...
Tuesday, 05 February 13
NEWCASTLE PORT COAL SHIPMENTS DROPPED BY 10.77 PERCENT W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,412,497 MT of thermal and coking coal for week ended 0700 hours 4 February 2013, Newca ...
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- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- White Energy Company Limited
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Deloitte Consulting - India
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Economic Council, Georgia
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
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