Indonesian Government has cleared 1509 Coal IUP'S as Clear and Clean

Sunday,July03, 2011 | Coalspot

The director general of mineral & coal of Indonesia has cleared around 1,509 IUP holders (coal mining companies) as "clear and clean". The verification has been conducted according to the Government regulation PP 23 Year 2010 and circular letter of minister Energy & Mineral Resources of Indonesia ESDM No 03.E/31/DJB/2009, according to website of ESDM.

According to Industry sources, the government has verified more than 5000 IUP’s which were issued by provinces, regents. However as of 30 June 2011, government has cleared only around 1509 IUP’s (coal concessions) as clear and clean. For those who have not been declared as clear and clean IUP's, still require compliance with requirements of the licensors to be processed for further verification, said ESDM.

Companies that have not been cleared as clear and clean IUP holders, required to submit appeal in writing to the appropriate authorities licensors (Minister / Governor / Regent / Mayor) with a copy to the Directorate General of Mineral and Coal, Jl. Prof. Dr. Soepomo No. 10 South Jakarta.

The IUP's ( coal concessions only) that clarified as clear and clean ( provinces wise)

Bengkulu 49
Central Kalimantan 63
Central Sulawesi 2
East Kalimantan 744
Jambi 87
Lampung 25
Maluku 1
North Sumatra 2
Papua 1
Riau 11
South Kalimantan 225
South Sulawesi 5
South Sumatra 175
Southeast Sulawesi 1
West Kalimantan 69
West Papua 9
West Sumatra 40

Tags : Indonesian Coal Price Reference(HBA) Benchmark Price- Monthly Coal Price for June'2011