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Tuesday, 02 March 10
INDONESIA'S PROTECTED FORESTS NOW OPEN TO DEVELOPMENT
 The Jakarta Globe reported that, President Susilo Bambang Yudhoyono has signed a decree to allow mining, power plants and other projects deemed strategically important to take place in protected forests.
The decree, which took effect on Feb. 1, is certain to anger environmental groups given that the country already has one of the fastest rates of deforestation in the world.
“The use of forest areas for development activities can be done for unavoidable strategic purposes,” said the decree, which said key development projects included power plants, renewable energy, toll roads and train lines.
The decree said open-pit and underground mining could take place in production forests, which is a forest area considered neglected or abandoned after trees have been cut.
“In a protected forest, mining can be done through underground mining,” the decree said.
The decree defined mining activities as including oil and gas, minerals, coal and geothermal.
Yudhoyono has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads. Increasing exploitation of mineral resources and speeding up infrastructure development are seen as keys to boosting growth and creating jobs.
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“President has pledged to cut red tape and prevent overlapping regulations from slowing down projects ranging from mining to toll roads”
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State-owned oil and gas company PT Pertamina has urged the Forestry Ministry to allow geothermal activities in protected forests as most of the country’s geothermal reserves are located in these areas.
There has frequently been confusion over whether companies can exploit resources in forest areas, with various ministries requiring permits.
The Forestry Ministry recently asked Freeport McMoRan Copper and Gold to submit a request to use land in a protected forest area, a ministry official said on Tuesday. Freeport operates the huge Grasberg copper and gold mine in Papua. Grasberg has the world’s largest recoverable reserves of copper and the largest gold reserves.
In 2004, the government allowed 13 mining firms, including Freeport, to continue mining operations after the introduction of a law in 1999 that banned open-pit mining in forested areas.
Last month, police temporarily shut the Jorong coal mine in Kalimantan operated by a unit of Thailand’s top coal miner, Banpu, over a permit problem. Banpu said the closure would only have a slight impact on production at its domestic unit, PT Indo Tambangraya Megah.
Indonesia has struggled to attract fresh investment into mining, as well as for developing new oil and gas fields, partly due to uncertain regulations and red tape.
The government has previously said it expected mining investment to hit $2.5 billion this year, up from $1.81 billion in 2009, supported by greater certainty after the introduction of new mining regulations.
Source: The Jakarta Globe
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Wednesday, 27 January 10
PEABODY ENERGY EYES 'RED HOT' ASIAN COAL DEMAND
US miner Peabody Energy has seen already-strong Asian markets become “red hot”, as demand for metallurgical and thermal coal strains sup ...
Wednesday, 27 January 10
KOLKOTTA BASED POWER UTILITY CESC LOOKING FOR 100,000 MT OF COAL FOR MAY & JUNE DELIVERY
COALspot.com (India): Kolkotta based power utility CESC, the flagship company of the diversified RPG group of India, has issued a closed tender to b ...
Tuesday, 26 January 10
FREIGHT COST ERODES INDIA CEMENTS NET
"Freight cost increased from an average of around 14% of sales in the previous quarters to around 20% in the third quarter"
The Decembe ...
Tuesday, 26 January 10
VITOL BUYS EXPORT SPACE AT COLOMBIA SANTA MARTA PORT
Global energy trader Vitol has signed a four-year deal to take export capacity at Colombia's 3 million tonnes a year Carbonsan port in Santa Marta, ...
Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
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Showing 6051 to 6055 news of total 6871 |
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- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Parliament of New Zealand
- Bukit Makmur.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Australian Coal Association
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Planning Commission, India
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
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