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Tuesday, 11 August 09
INDONESIA'S COAL EXPORTS TO INDIA WILL BE EXEMPTED FROM DUTIES STARTING JANUARY 1, 2013 - BERITA SORE
Berita sore reported that, ASEAN is scheduled to sign a long-awaited Free Trade Agreement (FTA) with India in Bangkok on Thursday aimed at boosting their trade relations. “This is the continuation of longstanding negotiations since 2005,” Indonesian Trade Minister Mari Elka Pangestu said in a press conference here on Monday.
She said the agreement will be signed on the occasion of an ASEAN Economic Ministers meeting in the Thai capital on August 13-16. The agreement will require India to lower and abolish duties on 85 percent of its imports from the region between 2010 and 2019, she said.
Under the agreement, India will exempt 4,145 different Indonesian goods from import duties. In return, Indonesia will abolish duties on 4,749 types of Indian commodities, she said.
The agreement is expected to increase Indonesia’s exports of crude palm oil (CPO) and its derivatives to India. Indonesia’s exports of CPO and derivatives to the South Asian country are currently subject to 80 percent and 90 percent duties respectively. The duties will be lowered to 36.5 percent and 45 percent respectively by 2019.
Indonesia’s coal exports to India will also be exempted from duties starting January 1, 2013 - Mari Elka Pangestu, Trade Minister, Indonesia
“Hopefully, the FTA will create a greater chance for Indonesia to increase its exports to India,” she said.
Among the Indian commodities which will have their import duties reduced will be electronic apparatuses for telephone, cotton, semi-finished iron and alloy steel and automotive products related to Indian investment in Indonesia.
Data from the Central Bureau of Statistics (BPS) show two-way trade between Indonesia and India reached an estimated US$9 billion in 2008 with the former enjoying a surplus of US$4 billion. ( ant )
Source: Berita Sore
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Monday, 24 August 09
10,000 MW TO BE GENERATED THROUGH THAR COAL RESERVES BY 2020
Four projects of 2450 MW approved; govt to invest Rs80bn in five years on infrastructure
The News Pakistan reported that, The Thar Coal a ...
Monday, 24 August 09
10 LAKH (1 MILLION) TONNE COAL BURNT IN KPT
Times of India reported that, In an unusual phenomenon, 10 lakh tonne coal cache stored at a plot in Kandla Port Trust was reduced to ashes after it ...
Monday, 24 August 09
LANCO IN TALKS FOR INDONESIAN COAL MINE
Economic Times of India reported that, Infrastructure company Lanco Infratech is in advanced talks with Indonesian engineering, procurement and cons ...
Saturday, 22 August 09
'THE BDI IS LIKELY TO BE HOLDING AROUND 2,500 POINTS' - SHIPPING UPDATE
COALspot.com (Singapore): The dry bulk market continued to be soft and the BDI dropped by 10 percent this week and closed at 24,68 points this week. ...
Saturday, 22 August 09
INDIAN COAL BUYERS RE-EMERGE WITH FRESH TENDERS
Reuters world's largest international multimedia news agency reported that,Indian coal end-users have re-emerged after a few weeks with several fre ...
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- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- India Bulls Power Limited - India
- White Energy Company Limited
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- The University of Queensland
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- PTC India Limited - India
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Australian Coal Association
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
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