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
Wednesday, 22 November 23
OBLIGATION. INDONESIA AIMS TO START COLLECTING LEVIES FROM COAL MINERS IN JANUARY - REUTERS
Indonesia plans to start collecting levies from coal miners in January to be used to compensate miners who sell coal to the state utility at lower prices, the mining minister said on Tuesday.
 
The plan to set up the scheme follows a coal supply crunch at local power plants that forced the world’s largest thermal coal exporter to temporarily halt exports at the beginning of 2022.
 
Indonesia requires miners to sell a portion of their output to state power firm Perusahaan Listrik Negara (PLN) at a maximum price of $70 per metric ton and to certain local industries at a maximum $90 per ton.
 
Officials said when global prices of coal are high, some miners would not comply with the rules, causing a supply crunch.
 
Under the planned scheme, all coal miners will be required to pay levies and the proceeds will be used to compensate miners who supply to PLN at the capped price.
 
“This will create fairness and a level playing field. Everyone will share the responsibility to support the government programme relating to domestic market obligations,” Energy and Mineral Resources Minister Arifin Tasrif said at a parliamentary hearing.
 
He gave no estimate of how much would be collected.
 
The regulations and infrastructure needed for the implementation of the scheme are being finalised, he said.
 
“If all these can be finished soon, we can run a trial in December and the operation can start in January 1, 2024,” Arifin said.
 
State-controlled Bank Mandiri, Bank Negara Indonesia and Bank Rakyat Indonesia will be appointed to collect the funds, he added.
 
Coking coal miners will be excluded from the scheme, Arifin said, but they would still be required to meet the domestic sales obligation.
Source: Reuters


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

Recent News

Friday, 23 February 24
STRONG OUTLOOK FOR THE TANKER MARKET IN 2024 AND BEYOND - DNV
Several factors have aligned over the past two years to create a robust and profitable market for tanker owners, which is expected to drive newbuil ...


Friday, 23 February 24
AUSTRALIAN COAL FLOWS TO ASIA HOVER ABOVE LAST YEAR’S VOLUME TONNES - SIGNAL GROUP
In the final days of February, the dry bulk freight market appeared to maintain a relatively stable momentum, particularly evident in the large ves ...


Friday, 23 February 24
RUSSIAN COAL SHIPMENTS FALL 14% AS SANCTIONS BITE - BIMCO
During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistica ...


Thursday, 22 February 24
BIMCO PUBLISHES SHIP FINANCING FORMS TO ENSURE UNINTERRUPTED USE OF SHIPS
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can e ...


Monday, 19 February 24
METALS INVESTMENT: THE DARKEST HOUR IS JUST BEFORE THE DAWN - WOOD MACKENZIE
Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario, we’ve reached a watershed momen ...


   5 6 7 8 9   
Showing 31 to 35 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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