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, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS


INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an official at the firm said on Tuesday.

"We still believe in double-digit growth for both," said operating director Ah Hoo Chia, when asked about the outlook for revenue and net profit for 2009.

Adaro, which has a market capitalisation of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and Indonesian state electricity firm Perusahaan Listrik Negara (PLN). Exports account for 70-72 percent of its sales.

The firm expects to produce 42-45 million tonnes of coal this year, up from 38.5 million tonnes in 2008, and aims to increase production to 80 million tonnes per year in the next five years.

San Miguel Corp of the Philippines is in talks to buy a stake worth about $500 million in Adaro, which Goldman Sachs , Citigroup and hedge fund Farallon plan to sell.

The firm reported a ten-fold increase in net profit last year to 887.2 billion rupiah ($85.63 million) while revenue rose 56 percent to 18.09 trillion rupiah despite a global economic downturn that has led to a sharp drop in commodity prices.

It also turned to a first-quarter net profit of 1.145 trillion rupiah this year from a 12 billion rupiah loss a year earlier, thanks to higher average achieved selling prices of Envirocoal.

Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK46414020090512



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

Recent News

Saturday, 30 May 09
COAL INDIA SIGNS FUEL SUPPLY AGREEMENT WITH NTPC - SINDHTODAY
India’s largest coal miner Coal India Friday inked a much-awaited fuel supply agreement (FSA) with power generation major NTPC Ltd. In the ...


Friday, 29 May 09
INDONESIA PLANS "CLEARING HOUSE" FOR COAL - ALIBABA
Alibaba reported that, Indonesia, the world's biggest thermal coal exporter, plans to set up an agency similar to a clearing house to trade stocks ...


Friday, 29 May 09
INDIKA EYES MORE ACQUISITIONS - THE JAKARTA POST
Having nearly completed the acquisition of engineering and mining company PT Petrosea, energy company PT Indika Energy is preparing for more acquisi ...


Friday, 29 May 09
PTBA PAYS DIVIDENDS OF RP 371.5 A SHARE - THE JAKARTA POST
The annual shareholders' meeting of state-controlled coal producer PT Tambang Batubara Bukit Asam (PTBA) approved on Thursday the allocation of 50 ...


Thursday, 28 May 09
INDIANS CHOOSE SOUTH AFRICA COAL OVER INDONESIAN - MINEWEB (REUTERS)
South African cargoes are about $4 a tonne cheaper than Indonesian coal, as a result India now prefers South Africa . Indian imports of South Afr ...


   1344 1345 1346 1347 1348   
Showing 6726 to 6730 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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