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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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Saturday, 05 September 09
INDIA BUYING INTO AUSTRALIA'S COAL - INTERVIEW
India is in line to buy vast amounts of Australian coal. An Indian cabinet minister is on a special mission to Australia to help satisfy India's ur ...
Saturday, 05 September 09
52 COMPANIES SUBMIT EOIS TO COAL INDIA
The Hindu, India's largest English news paper reported that, International mining majors from the U.S., South Africa, Australia and Indonesia are a ...
Friday, 04 September 09
INDONESIA PAITON ENERGY BUYS COAL FROM ADARO, KIDECO
PT Paiton Energy, an Indonesian independent power producer, has agreed to buy 3 million tonnes of coal from PT Adaro Energy Tbk (ADRO.JK) and PT Kid ...
Thursday, 03 September 09
ICVL IN TALKS FOR COAL BLOCKS IN INDONESIA
These acquisitions will help ICVL meet an internal target of importing at least 5 million tonnes (mt) of coking coal by 2012-13
LiveMint reported ...
Tuesday, 01 September 09
THREE COAL INVESTMENTS AND A SECTOR ON FIRE
With recession fears fading into the past in Asia and growth increasingly back on track in the West, global energy demand is again surging. It's no ...
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- International Coal Ventures Pvt Ltd - India
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- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
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- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
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- Australian Coal Association
- Africa Commodities Group - South Africa
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- Ministry of Mines - Canada
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- PowerSource Philippines DevCo
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- Planning Commission, India
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- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
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- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
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- Coal and Oil Company - UAE
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- Ministry of Transport, Egypt
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- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- VISA Power Limited - India
- Thai Mozambique Logistica
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- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
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- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
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- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
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- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
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- Wilmar Investment Holdings
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- Independent Power Producers Association of India
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- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
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- Central Java Power - Indonesia
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
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- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
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- GN Power Mariveles Coal Plant, Philippines
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- Attock Cement Pakistan Limited
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- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
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- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
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- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
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