COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 12 October 09
INDONESIA TO CUT ROYALTIES TO BOOST LOW QUALITY COAL


Reuters reported that, Indonesia, the world's biggest exporter of thermal coal, plans to cut royalties paid by producers holding certain contracts to attract investment in low-quality coal, a senior government official said on Monday.

Bigger coal producers holding contracts of work have struggled to compete with small producers holding a different contract, a mining authority licence (KP), for low-quality coal as they paid higher royalty, Bambang Setiawan, director general of mining, coal and geothermal at the energy and mines ministry, said.

"When the coal contractors join a tender, they can't compete with smaller producers because they pay higher royalties. So we are thinking of reducing royalties for coal-contract of works producers," Setiawan told reporters at the Coaltrans 3rd Coal Mining Operations and Economics conference in Jakarta.

Producers holding coal-contracts of work, whose output accounts for 80 percent of Indonesia's total coal output, pay a royalty of 13.5 percent for all types of coal.

Under the existing scheme, the government owns 13.5 percent of miners' total coal supplies. Miners have to relay the proceeds of the sale of the coal supplies back to the government.

Smaller producers that hold a mining authority licence (KP) -- a different type of mining permit issued by regional a government -- pay 7 percent royalty for high-quality coal, 5 percent for medium-quality coal and 3 percent for low-quality coal.

Indonesia's coal production is expected to reach 250-258 million tonnes of coal this year, the Indonesia Coal Producers Association has said.
Source:Reuters



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES * RECAPITAL CONFIRMS IT HAS BID FOR BERAU * BAKRIE GROUP LIKELY TO BACK BID – SOURCES ...


Tuesday, 20 October 09
COAL PRICES TO SURGE IN 2010 DESPITE AMPLE SUPPLY
Commodity Online reported that, Coal prices are indeed destined to go higher as they follow the rise of ‘coal currencies’ such as Austra ...


Tuesday, 20 October 09
INDIA MAY CUT STAKE IN NTPC BY DECEMBER, POWER SECRETARY SAYS
Bloomberg reported that, India’s government may sell a 5 percent stake in NTPC Ltd., the country’s biggest power producer, as early as D ...


Monday, 19 October 09
COAL PRICE UP AGAIN - RICHARDS BAY TERMINAL
Export prices rose 45 cents, or 0.7%, to an average of 64.05 a metric ton in the week ended Oct. 16, according to McCloskey Group. The week was & ...


Monday, 19 October 09
COAL MINISTRY SEEKS EXPLANATION FROM AP GENCO
The Hindu Business reported that, the Coal Ministry has asked the Power Generation Corporation of Andhra Pradesh (AP Genco) to explain why there was ...


   1264 1265 1266 1267 1268   
Showing 6326 to 6330 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Asmin Koalindo Tuhup - Indonesia
  • Asian Development Bank
  • Bukit Makmur.PT - Indonesia
  • Jaiprakash Power Ventures ltd
  • CESC Limited - India
  • Commonwealth Bank - Australia
  • PetroVietnam
  • IBC Asia (S) Pte Ltd
  • Aboitiz Power Corporation - Philippines
  • NTPC Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Orica Mining Services - Indonesia
  • World Bank
  • ANZ Bank - Australia
  • Jorong Barutama Greston.PT - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • The Treasury - Australian Government
  • Indian Oil Corporation Limited
  • AsiaOL BioFuels Corp., Philippines
  • Sindya Power Generating Company Private Ltd
  • Thiess Contractors Indonesia
  • Formosa Plastics Group - Taiwan
  • Rashtriya Ispat Nigam Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Surastha Cement
  • Noble Europe Ltd - UK
  • Coal India Limited
  • Bukit Asam (Persero) Tbk - Indonesia
  • Essar Steel Hazira Ltd - India
  • KEPCO - South Korea
  • Aditya Birla Group - India
  • Gujarat Mineral Development Corp Ltd - India
  • Tata Power - India
  • Eastern Energy - Thailand
  • New Zealand Coal & Carbon
  • Mercuria Energy - Indonesia
  • Antam Resourcindo - Indonesia
  • Simpson Spence & Young - Indonesia
  • Meralco Power Generation, Philippines
  • Edison Trading Spa - Italy
  • Renaissance Capital - South Africa
  • Price Waterhouse Coopers - Russia
  • Power Finance Corporation Ltd., India
  • Coeclerici Indonesia
  • India Bulls Power Limited - India
  • Runge Indonesia
  • WorleyParsons
  • Neyveli Lignite Corporation Ltd, - India
  • Xindia Steels Limited - India
  • Kideco Jaya Agung - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Arutmin Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Trasteel International SA, Italy
  • Timah Investasi Mineral - Indoneisa
  • Baramulti Group, Indonesia
  • SASOL - South Africa
  • Global Business Power Corporation, Philippines
  • Iligan Light & Power Inc, Philippines
  • IEA Clean Coal Centre - UK
  • PNOC Exploration Corporation - Philippines
  • Singapore Mercantile Exchange
  • Sical Logistics Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Tata Chemicals Ltd - India
  • PLN - Indonesia
  • Vedanta Resources Plc - India
  • Sucofindo - Indonesia
  • Indonesian Coal Mining Association
  • Directorate Of Revenue Intelligence - India
  • SGS (Thailand) Limited
  • Coal and Oil Company - UAE
  • Samtan Co., Ltd - South Korea
  • PetroVietnam Power Coal Import and Supply Company
  • ETA - Dubai
  • Bangkok Bank PCL
  • Mechel - Russia
  • London Commodity Brokers - England
  • Kobe Steel Ltd - Japan
  • Australian Coal Association
  • Lanco Infratech Ltd - India
  • globalCOAL - UK
  • Posco Energy - South Korea
  • SUEK AG - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Toyota Tsusho Corporation, Japan
  • Thailand Anthracite
  • Gupta Coal India Ltd
  • Global Coal Blending Company Limited - Australia
  • Star Paper Mills Limited - India
  • Africa Commodities Group - South Africa
  • Mercator Lines Limited - India
  • DBS Bank - Singapore
  • ASAPP Information Group - India
  • Platts
  • Karaikal Port Pvt Ltd - India
  • ING Bank NV - Singapore
  • Sakthi Sugars Limited - India
  • OPG Power Generation Pvt Ltd - India
  • Binh Thuan Hamico - Vietnam
  • CCIC - Indonesia
  • KPCL - India
  • Humpuss - Indonesia
  • GVK Power & Infra Limited - India
  • ICICI Bank Limited - India
  • Thomson Reuters GRC
  • Samsung - South Korea
  • Bank of America
  • Ernst & Young Pvt. Ltd.
  • Freeport Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Barclays Capital - USA
  • Energy Development Corp, Philippines
  • Marubeni Corporation - India
  • U S Energy Resources
  • Indian Energy Exchange, India
  • Intertek Mineral Services - Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Gujarat Sidhee Cement - India
  • Mjunction Services Limited - India
  • Savvy Resources Ltd - HongKong
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Banpu Public Company Limited - Thailand
  • Idemitsu - Japan
  • Semirara Mining Corp, Philippines
  • JPMorgan - India
  • J M Baxi & Co - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Kumho Petrochemical, South Korea
  • Port Waratah Coal Services - Australia
  • Vitol - Bahrain
  • VISA Power Limited - India
  • Clarksons - UK
  • Xstrata Coal
  • Fearnleys - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Central Electricity Authority - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Parry Sugars Refinery, India
  • Asia Cement - Taiwan
  • Borneo Indobara - Indonesia
  • Medco Energi Mining Internasional
  • Miang Besar Coal Terminal - Indonesia
  • Cargill India Pvt Ltd
  • Deutsche Bank - India
  • Chamber of Mines of South Africa
  • Adaro Indonesia
  • Manunggal Multi Energi - Indonesia
  • Metalloyd Limited - United Kingdom
  • Anglo American - United Kingdom
  • BNP Paribas - Singapore
  • Mintek Dendrill Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • GMR Energy Limited - India
  • Globalindo Alam Lestari - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Malabar Cements Ltd - India
  • Bukit Baiduri Energy - Indonesia
  • Ministry of Mines - Canada
  • Ince & co LLP
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • San Jose City I Power Corp, Philippines
  • Carbofer General Trading SA - India
  • HSBC - Hong Kong
  • Gresik Semen - Indonesia
  • Eastern Coal Council - USA
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Bhatia International Limited - India
  • bp singapore
  • Madhucon Powers Ltd - India
  • Dalmia Cement Bharat India
  • Indorama - Singapore
  • Indo Tambangraya Megah - Indonesia
  • JPower - Japan
  • Sojitz Corporation - Japan
  • SRK Consulting
  • Orica Australia Pty. Ltd.
  • Larsen & Toubro Limited - India
  • Merrill Lynch Bank
  • Maersk Broker
  • European Bulk Services B.V. - Netherlands
  • Shree Cement - India
  • Bharathi Cement Corporation - India
  • Enel Italy
  • Sarangani Energy Corporation, Philippines
  • Barasentosa Lestari - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Indogreen Group - Indonesia
  • Vale Mozambique
  • The University of Queensland
  • KOWEPO - South Korea
  • PLN Batubara - Indonesia
  • Economic Council, Georgia
  • Standard Chartered Bank - UAE
  • The India Cements Ltd
  • EIA - United States
  • Georgia Ports Authority, United States
  • MEC Coal - Indonesia
  • Bhushan Steel Limited - India
  • Tanito Harum - Indonesia
  • Argus Media - Singapore
  • Attock Cement Pakistan Limited
  • Parliament of New Zealand
  • GB Group - China
  • Cement Manufacturers Association - India
  • Ministry of Transport, Egypt
  • Reliance Power - India
  • Geoservices-GeoAssay Lab
  • Jindal Steel & Power Ltd - India
  • Cemex - Philippines
  • Inspectorate - India
  • Straits Asia Resources Limited - Singapore
  • PTC India Limited - India
  • Interocean Group of Companies - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Wilmar Investment Holdings
  • Altura Mining Limited, Indonesia
  • World Coal - UK
  • TGV SRAAC LIMITED, India
  • Indika Energy - Indonesia
  • UOB Asia (HK) Ltd
  • Ceylon Electricity Board - Sri Lanka
  • Oldendorff Carriers - Singapore
  • Peabody Energy - USA
  • GHCL Limited - India
  • Tamil Nadu electricity Board
  • Thai Mozambique Logistica
  • Permata Bank - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • BRS Brokers - Singapore
  • Mitsubishi Corporation
  • Adani Power Ltd - India
  • CNBM International Corporation - China
  • IOL Indonesia
  • Indonesia Power. PT
  • Bayan Resources Tbk. - Indonesia
  • EMO - The Netherlands
  • Cosco
  • TNB Fuel Sdn Bhd - Malaysia
  • Holcim Trading Pte Ltd - Singapore
  • Global Green Power PLC Corporation, Philippines
  • Karbindo Abesyapradhi - Indoneisa
  • CIMB Investment Bank - Malaysia
  • The State Trading Corporation of India Ltd
  • Maybank - Singapore
  • White Energy Company Limited
  • Petron Corporation, Philippines
  • Berau Coal - Indonesia
  • Pinang Coal Indonesia
  • TANGEDCO India
  • Core Mineral Indonesia
  • Romanian Commodities Exchange
  • Latin American Coal - Colombia
  • Japan Coal Energy Center
  • Arch Coal - USA
  • Heidelberg Cement - Germany
  • Grasim Industreis Ltd - India
  • Coalindo Energy - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Vizag Seaport Private Limited - India
  • CoalTek, United States
  • Electricity Authority, New Zealand
  • Shenhua Group - China
  • Salva Resources Pvt Ltd - India
  • Mitra SK Pvt Ltd - India
  • Merrill Lynch Commodities Europe
  • Petrosea - Indonesia
  • Malco - India
  • Independent Power Producers Association of India
  • Jatenergy - Australia
  • Gujarat Electricity Regulatory Commission - India
  • Thermax Limited - India
  • Central Java Power - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Britmindo - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • SMC Global Power, Philippines
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • IHS Mccloskey Coal Group - USA
  • KPMG - USA
  • South Luzon Thermal Energy Corporation
  • Pendopo Energi Batubara - Indonesia
  • Ministry of Finance - Indonesia
  • Electricity Generating Authority of Thailand
  • Bhoruka Overseas - Indonesia
  • TNPL - India
  • Kohat Cement Company Ltd. - Pakistan
  • McConnell Dowell - Australia
  • Bank of China, Malaysia
  • TeaM Sual Corporation - Philippines
  • Inco-Indonesia
  • LBH Netherlands Bv - Netherlands
  • Maruti Cements - India
  • MS Steel International - UAE
  • Makarim & Taira - Indonesia
  • ACC Limited - India
  • Australian Commodity Traders Exchange
  • Therma Luzon, Inc, Philippines
  • Credit Suisse - India
  • Chettinad Cement Corporation Ltd - India
  • GNFC Limited - India
  • Energy Link Ltd, New Zealand
  • Cardiff University - UK
  • Cebu Energy, Philippines
  • Deloitte Consulting - India
  • Goldman Sachs - Singapore
  • PowerSource Philippines DevCo
  • Riau Bara Harum - Indonesia
  • RBS Sempra - UK
  • Qatrana Cement - Jordan
  • UBS Singapore
  • Maheswari Brothers Coal Limited - India
  • APGENCO India
  • Lafarge - France
  • Kapuas Tunggal Persada - Indonesia
  • NALCO India
  • Coastal Gujarat Power Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Ind-Barath Power Infra Limited - India
  • Planning Commission, India
  • Platou - Singapore
  • Rio Tinto Coal - Australia
  • Minerals Council of Australia
  • Mitsui
  • Wood Mackenzie - Singapore
  • Panama Canal Authority
  • Russian Coal LLC
  • Coaltrans Conferences
  • Alfred C Toepfer International GmbH - Germany
  • OCBC - Singapore
  • Agrawal Coal Company - India
  • Siam City Cement - Thailand
  • McKinsey & Co - India
  • Thriveni
  • International Coal Ventures Pvt Ltd - India
  • Bulk Trading Sa - Switzerland
  • SMG Consultants - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Coal Orbis AG
  • Rudhra Energy - India
  • Infraline Energy - India
  • Ambuja Cements Ltd - India
  • Indian School of Mines
  • Siam City Cement PLC, Thailand
  • Bangladesh Power Developement Board
  • TRAFIGURA, South Korea
  • Videocon Industries ltd - India
  • Glencore India Pvt. Ltd
  • Moodys - Singapore
  • Kepco SPC Power Corporation, Philippines
  • IMC Shipping - Singapore
  • Total Coal South Africa
  • Uttam Galva Steels Limited - India