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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
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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
EXPORTS AT AUSTRALIA NEWCASTLE COAL PORT FALL ON STORM -MINING-JOURNAL
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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- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- The University of Queensland
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- VISA Power Limited - India
- SMC Global Power, Philippines
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
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