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Sunday, 01 November 09
INDONESIA ADARO Q3 NET PROFIT JUMPS ON COAL DEMAND
* Q3 net profit up 131.6 percent to 1.27 trillion rupiah
* Q3 revenue up 56.8 percent to 7.12 trillion rupiah
Reuters reported that, Indonesia's largest coal producer by market value PT Adaro Energy Tbk posted a 131.6 percent increase in its third quarter net profit, based on Reuters calculations, amid increasing coal demand for both exports and domestic use.
Adaro, which has a market capitalisation of $5.14 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 more than 70 percent of its sales. The firm had said that the demand for its coal strengthened at the end of June and expected the trend to continue until the end of the year with increasing sales to Asian customers.
Adaro posted a 58.9 percent increase of coal exports and 55.7 percent increase of domestic coal sales in the July-September period. Its net profit grew 131.6 percent to 1.27 trillion rupiah from 546.5 billion rupiah a year ago, while the revenue jumped 56.8 percent to 7.12 trillion rupiah.
The figures were based on Reuters calculations from the nine-months and first-half earnings published by the company. Adaro aims to produce 42-45 million tonnes of coal this year, up from 38.5 million tonnes in 2008, and to raise production to 80 million tonnes per year in the next five years. With higher sales volume, Adaro has forecast double-digit growth in revenue and net profit this year. Shares in Adaro closed at 1,540 rupiah on Friday.($1 = 9,540 rupiah)
Source: Reuters
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Friday, 20 August 10
POWER COS SEEK MINING PARTNERS TO BID FOR 1,920-MW PROJECT
"A joint venture between the Maharashtra and Tamil Nadu governments for a pit-head power project, has been allotted the biggest coal block yet ...
Thursday, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
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- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Posco Energy - South Korea
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
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