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Friday, 24 July 09
INDONESIAN COAL NEWS - UPDATE
 Income from tax slow
Since the economic crisis in October 2008 until now, tax from the general mining sector is slow. According to the Director General of Taxes, Darmin Nasution, in a press conference, there is no income tax received from the general mining sector as they keep on incurring losses. 31.3% OF TARGET In the period January-June 2009, coal production reached 72 million tons (31.3%) of the 230 million tons national target for this year. The Director General of Mineral, Coal and Geothermal, Bambang Setiawan, said 62 million tons come from Coal Contract of Work (CCoW) holders and 10 million tons from Mining Authorization (KP) holders.
75 million tons in a half year
The Director General of Mineral, Coal and Geothermal, Bambang Setiawan, cited the realization of coal sales in the first half of 2009 reached 75 million tons. Of this amount, 52 million tons were exported and 23 million tons for domestic consumption.
Mining PNBP Rp 7.2 trillion Information from the Director General of Mineral, Coal and Geothermal is that Non-Tax State Revenue (PNBP) from mining up to 30 June was Rp7.2 trillion. Rp43.7 billion is derived from dead rent, Rp4.88 trillion from royalty and Rp2.3 trillion from coal sales.
Not to participate in tender
The President Director of PT Tambang Batubara Bukit Asam, Sukrisno, said the company will not participate in the tender for procuring 3.26 million tons of low rank coal opened by PLN (Persero) under a 20-year contract due to limited transportation.
This year, PT Garda Tujuh Buana Tbk projected a production of 900,000 MT of coal, a jump compared to that in 2008 at 30,000 MT. The company is to export the entire production i.a. to Dynet International in Singapore. “Actually, their demand is 1.2 million tons,” said Business Development Director Socrates Rudi Sirait.
State Enterprise Holding Company not yet clear
The Secretary to the Minister of State Enterprises, Said Didu, predicts that the setting up of a holding company of state enterprises will not have been realized in October 2009, due to constraints of inter department coordination. The forming of a holding company is the mandate of Presidential Instruction No.5/2008 and should have been effective this year. The Presidential Instruction regulates rightsizing and restructuring of state enterprises.
Production up to 70 million tons
PT. Kaltim Prima Coal targets its coal production at 43 million tons this year and throughout 2012-2013 to rise to 70 million tons. According to KPC CEO Endang Ruchyat, the rise in production will be followed by the construction of a 2x100 MW power plant.
Awaits BHP Internal Evaluation
At the moment BHP Billiton is finalizing its internal evaluation on the option of releasing its ownership of the Maruwai coal project in Murung Raya regency, Central Kalimantan. “We are waiting for BHP to open an official tender on the sale of said asset,” said Bumi Resources Tbk spokesperson Dileep Srivastava.
Coal supply secured by PLN
Primary Energy Unit Head Nasri Sebayang is optimistic that coal supply for the 10,000 MW power plants phase I will not be short. A stock of some 5 million tons per year is being readied by a number of supplying companies.
Optimistic Target will be reached
Although until last May production was only 4.58 million tons or 36% of the annual target, the President Director of PT Tambang Batubara Bukit Asam, Sukrisno, is optimistic this year’s target of 12.7 million tons could be reached. “We shall try hard to produce 1.15 million tons per month” he said.
Royalty Remittance to Increase
The government is to optimize state revenue from the mining sector by raising the remittance of royalty from mining companies operating in Indonesia. Special Staff Member of the EMR Minister, Simon F. Sembiring, said the plan is still in the negotiation stage.
Pawning IUP prohibited
The Director of Mineral and Coal Business Development, Bambang Gatot Ariyono, asserted that mining companies are prohibited to pawn company shares or Mining Business License (IUP) to obtain funding loans. Such pawning is against Law No.4/2009 regarding Mineral and Coal Mining.
Source: Coalindo Energy
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Wednesday, 15 July 09
INDONESIAN FIRM SUBMITS LOWEST BID FOR NAPOCOR COAL
ABS-CBN News reported that, An Indonesian firm offered to supply 195,000 tons of thermal coal to top Philippine electricity producer National Power ...
Wednesday, 15 July 09
INDIAN COAL MINISTRY TO CONSIDER POWER PLANT ALTERATION PROPOSALS
PTI reported that the coal ministry has agreed to consider applications of power plants seeking long term coal linkage due to enhancement in electri ...
Wednesday, 15 July 09
SHENHUA STARTS WORK ON INDONESIA POWER PLANT
Bloomberg reported that China Shenhua Guohau Power a unit of China’s biggest coal producer started construction of a power plant and mine in I ...
Wednesday, 15 July 09
PLN OPENS TENDERS FOR SUPPLY OF LOW - GRADE COAL
The Jakarta Globe, a Indonesian new paper reported that, State power utility PT PLN has opened a tender for the supply of low-grade coal for the nat ...
Tuesday, 14 July 09
MMTC SAYS MAY RE-TENDER FOR 12.5 MLN T COAL
* KIS has demanded investigation into procurement
* MMTC says import delays could add to power shortages
Alibaba reported that, India's s ...
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- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- White Energy Company Limited
- Latin American Coal - Colombia
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- The University of Queensland
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Australian Coal Association
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- Parliament of New Zealand
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
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