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Monday, 28 June 21
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA THREATENS TO REVOKE 2,350 MINING BUSINESS PERMITS
 The Ministry of Energy and Mineral Resources said that the revocation of mining business permits was in accordance with President Jokowi's instructions.
The Ministry of Energy and Mineral Resources has threatened to revoke mining business permits that do not carry out any activities at all. At least 2,350 business licenses that do not carry out any activities out of 5,600 mining business licenses that exist today, said katadata, a local media in its report.
The report further noted that, special Staff of the Mineral Resources for Mineral and Coal - Mining Management of Minister of Energy Irwandy Arif said that according to the instructions of the President of Indonesia, mining companies that do not carry out activities will have their permits revoked.
The katadata’s report further said, initially, the President requested 1,600 mining business permits, holders of Mining Business Permits (IUP), Coal Mining Concession Work Agreements (PKP2B), and Contracts of Work (KK) to have their permits reviewed. However, after the Ministry of Energy and Mineral Resources conducted a number of evaluations, it turned out that those who did not carry out activities actually exceeded 1600 permits.
Currently, the government is still evaluating all the problematic mining permits. Those who cannot carry out the activities will have their permit revoked. "It turns out that it's not 1,600, in fact there are 2,300 or closer to 2350 permits," said Irwandy in a virtual discussion, Friday (25/6).
For information, mining permits are no longer the authority of local governments. In accordance with Law Number 3 of 2020 concerning Mineral and Coal Mining or the Minerba Law, the central government took over the authority to issue or revoke permits. It is hoped that the presence of the regulation will reduce the complicated licensing process. At the same time, the government also issued Law Number 11 of 2020 concerning Job Creation. This omnibus law will facilitate the implementation of the one-stop licensing process and online single submission (OSS). The government is currently working on its derivative regulations. One that is being formulated is the draft government regulation (RPP) on the implementation of business licensing in the regions. It will contain technical requirements for simplification of low and medium risk business activities.
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Friday, 04 June 21
NEW COAL-FIRED POWER PLANTS IN INDIA WILL BE ECONOMICALLY UNVIABLE - IEEFA
Coal capacity additions face major stranded asset risk
Much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under co ...
Thursday, 03 June 21
JUNE HBA IS HITTING ABOVE $100 AND SETTLED AT ITS HIGHEST SINCE OCTOBER 2020
COALspot.com: The Indonesia coal price reference for June 2021 settles at US$ 100.33 per ton FOB vessel.
The Indonesia coal pr ...
Wednesday, 02 June 21
INDONESIA RV WAS DOWN TO LOW/MID $20,000S DAY FOR PANAMAX/KAMSARMAX WITH DELIVERY S CHINA - BANCHERO COSTA
Panamax
A softening week in the Pacific basin with rates under a downward pressure mainly caused by the oversupply of tonnage in the area, said ...
Wednesday, 02 June 21
EUROPEAN UNION'S IRON ORE IMPORTS - BANCHERO COSTA
The European Union (27) is currently the fourth largest importer of iron ore in the world, after China, Japan, and South Korea.
Euro ...
Tuesday, 01 June 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.02 PCT - XINHUA
China Taiyuan coal transaction price index stood at 160.06 points Monday, down 0.02 percent week on week.
The index, released by Chi ...
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- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Planning Commission, India
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- The University of Queensland
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
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