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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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Saturday, 14 November 09
ASIA'S POWER SECTOR IS INVESTING IN COALMINES TO SECURE SUPPLIES
COALspot.com (Press Release): Asia Coal Power conference in Jakarta pinpoints growing power demand in Asia & Power sector investments in Indones ...
Friday, 13 November 09
API4 IGNORES LOW COAL TRADES - SWISS SINGAPORE
* Jan, Feb S.Africa coal prices hit 12-month highs
* Indian trader says deals done dollars below index
Reuters reported that, the physical coal ...
Thursday, 12 November 09
INDONESIA'S BUMI COAL PRODUCTION TO INCREASE
The sale is predicted to jump 14 percent to 58 million tons.
Viva News reported that, PT Bumi Resources Tbk. (BUMI) projected that the company's ...
Thursday, 12 November 09
INDIA'S BHEL IS IN INDONESIA NOW WITH THE COST EFFECTIVE CFBC BASED BOILER TURBINE PACKAGES
COALspot.com(Indonesia): BHEL, the largest engineering and manufacturing enterprise in India in the energy-related / infrastructure sector, is now f ...
Thursday, 12 November 09
NTPC FARAKKA AND KAHALGAON UNITS SHUT DOWN ON COAL SHORTAGE
Operations at two units each of power major NTPC Ltd’s 1600 MW Farakka and the 2340 MW Kahalgaon stations have ground to a halt due to an acut ...
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- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- McConnell Dowell - Australia
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
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