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Tuesday, 21 April 09
INDONESIAN GOVT LIKELY TO MISS INVESTMENT TARGETS FOR ENERGY, MINING - THE JAKARTA POST

The total value of investments in energy and mining sectors by the end of the year is likely to be below the government’s target, as a result of the global economic slowdown, a minister has said.

"We set a target of US$26 billion for this year, but this target may not be achieved due to the crisis," Energy and Mineral Resources Minister Purnomo Yusgiantoro said during a business meeting in Jakarta on Monday.

However, Purnomo said he was optimistic that investment in the sector this year could still be higher than US$20 billion.

Invesment in the energy and mining sector reached US$18.63 billion last year, up from US$15.75 billion in 2007.
Source: http://www.thejakartapost.com/news/2009/04/20/govt-likely-miss-investment-targets-energy-mining.html



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Monday, 13 April 09
INDIA'S NTPC FOURTH-QUARTER PROFIT RISES 30% ON POWER OUTPUT - BLOOMBERG
NTPC Ltd., India’s biggest electricity generator, said profit rose 30 percent in the fourth quarter after higher efficiency helped production. ...


Thursday, 09 April 09
INDONESIAN CILACAP, FISHERMEN PROTEST COAL BARGES ANCHORING IN BAY - THE JAKARTA POST
Fishermen in Cilacap, Central Java, have protested against the presence of dozens of coal barges lying at anchor in Teluk Penyu Bay, claiming they a ...


Thursday, 09 April 09
INDONESIA'S PLN (STATE ELECTRICITY COMPANY) TO SET POWER PURCHASE PRICES FOR INDEPENDENT PRODUCERS - THE JAKARTA POST
State power company PT PLN holds the mandate to set power purchase prices to buy electricity produced by its (IPP) business partners, aiming at flex ...


Wednesday, 08 April 09
ARCELORMITTAL BUYS STAKE IN COAL OF AFRICA - MINEWEB
Steel maker, ArcelorMittal SA, has acquired a 16.3 percent stake in Coal of Africa Ltd. for $44.98 million in cash. ArcelorMittal SA, the South A ...


Wednesday, 08 April 09
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Coal exports from Australia's Newcastle port, the world's largest coal export terminal, fell roughly 18% last week to a 4½-month low, as ro ...


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