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Thursday, 15 October 09
GOVT TO CAP COAL EXPORTS AT 150 MILLION TONS A YEAR
 The Jakarta Post reported that, The government plans to cap coal exports at around 150 million tons a year in a bid to guarantee supply for domestic demand, especially for electricity generation, an official said.
"The figure is based on our estimate of the domestic demand for coal," Bambang Setiawan, director general for coal, minerals and geothermal energy at the Energy and Mineral Resources Ministry, told reporters Wednesday.
The export cap will be included in a government regulation on domestic market obligations (DMO).
"We expect the regulation on the DMO to be concluded this year," Bambang said.
According to Bambang, national coal production this year is targeted at 230 million tons. He said that as much as 161.5 tons of this total were for export and the remaining 68.5 tons were for the domestic market.
The Indonesian Coal Producers Association has estimated national coal production will reach 250 million tons this year while the domestic demand will reach 50 million tons.
Bambang said the domestic demand would increase significantly in the upcoming years as power plants from the government's 10,000 megawatt electricity crash program would begin operation in 2011.
He said the coal demand from the power sector in 2011 would be somewhere between 65 million and 70 million tons a year, up from 40 million to 46 million tons this year.
Bambang also announced a government plan to provice incentives for low-calorie coal producers.
Bamband said the government plans to reduce the percentage of the so-called coal production fund (DHPB), which basically consist of development fee and royalty paid to the government.
The government requires low-calorie coal producers to pay the DHPB as much as 13.5 percent of their sales revenue.
Bambang said the Energy and Mineral Resources Ministry proposed to reduce the DHPB for low-calorie coal producers from 13.5 percent to around 7.5 percent. The reduction will only be taken from the development fee, while the royalty will remain at 3 percent.
"This proposal still needs to be discussed further with the Finance Ministry," Bambang said.
Source: The Jakarta Post
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Monday, 14 September 09
BOOM FORECAST FOR COAL OUTPUT
SMH.com reported that, A COAL investment boom is driving Australian production to new peaks even as our biggest export markets shift towards cleaner ...
Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received&nbs ...
Saturday, 12 September 09
THE INDIA / FAR EAST SEEMS WILL CONTINUE TO BE SOFT UNTIL THE IRON ORE MOVEMENTS PICKS UP - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market continued to be stable at almost as same levels as last week and the BDI was at 2,468 points.
...
Saturday, 12 September 09
GOVT REQUESTS MORE TIME TO ACQUIRE 21% SHARES IN NNT
The Jakarta Post reported that, the government plans to request a postponement for the acquisition of 21 percent shares in PT Newmont Nusa Tenggara ...
Saturday, 12 September 09
INDONESIAN CO KEEN ON TRADING COAL FOR EQUITY IN POWER PROJECTS
Though most large power project promoters have their own mines in Indonesia, MEC is confident of convincing Indian companies as its price is quite a ...
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- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- PTC India Limited - India
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- MS Steel International - UAE
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- VISA Power Limited - India
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
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