The Adaro Blog

ECAs shy away from ‘dirty’ coal deals
February 9, 2016, 1:14 pm
Low prices and dwindling sources of finance are forcing coal producers to turn to export credit agencies (ECAs) to support their capital needs. But ECAs and their governments, increasingly driven by environmental concerns, show little or no appetite for coal projects. Coal producers have been...
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Low prices and dwindling sources of finance are forcing coal producers to turn to export credit agencies (ECAs) to support their capital needs. But ECAs and their governments, increasingly driven by environmental concerns, show little or no appetite for c
February 5, 2016, 1:15 pm
* Sudden cold weather across northern hemisphere lifted demand * Utilities ordering to restock after cold snap SINGAPORE, Feb 3 (Reuters) – Coal prices bounced away from multi-year lows this week as the northern hemisphere’s peak demand winter season underpinned the market, but...
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As Japan’s oil, gas, power use stalls, coal imports hit new record
February 3, 2016, 1:16 pm
Japan’s 2015 oil imports fell to the lowest since 1988, reflecting the country’s declining population and low economic growth while at the same time its natural gas imports fell for the first time since the Fukushima nuclear disaster. Yet in the same year that the world agreed to...
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As Japan’s oil, gas, power use stalls, coal imports hit new record
February 1, 2016, 1:18 pm
Danish expertise to pave the way for more wind power in China’s energy system China burns more coal than any other country in the world, and using the fossil fuel to generate energy has left the country with environmental concerns. A planned collaboration between Denmark and China will...
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Coal Mining in Indonesia: Limited Reason for Optimism
February 1, 2016, 12:44 pm
Another interesting development is that stocks of miners listed on the Indonesia Stock Exchange (IDX) have performed well so far in 2016. The mining index of the IDX, which consists of the average of all mining companies (including coal miners), has climbed 10.31 percent since the year-start,...
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Salim Buys Rio Tinto Coal’s Mine in Australia for $224m | Jakarta Globe
January 29, 2016, 1:19 pm
Jakarta. Indonesia conglomerate Salim Group has agreed to buy a coal mine in Australia from gold miner Rio Tinto for $224 million plus royalties, the miner said in a statement on Wednesday. Rio Tinto sold its assets in Mount Pleasant thermal coal to MACH Energy Australia, as part of the...
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Coal India’s supply to power sector up 7% in April-December
January 27, 2016, 1:20 pm
NEW DELHI: State-run Coal India’s supply to the power sector increased by 6.8 per cent to 299.10 million tonnes in the first 9 months of the current fiscal. The supply of the fossil fuel by Coal India (CIL), which accounts for over 80 per cent of the domestic production, in the...
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Coal supplies fire up power producers
January 25, 2016, 1:22 pm
After several quarters of lull in the industry, coal-based power generating companies saw some breather in their December quarter results. This momentum has gained pace, going by the good performance of the companies which have declared results so far. For instance, Reliance Power and JSW Energy...
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COAL DEMAND FROM CHINA’S POWER SECTOR MAY IMPROVE ON EXPECTED COLD WAVE
January 22, 2016, 1:23 pm
Singapore (Platts)–20 Jan 2016 744 am EST/1244 GMT Coal demand from China’s power generation sector may improve in the coming week, on the back of an expected cold front that will mostly affect the northern parts of the country, industry sources said Wednesday. China’s...
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Myanmar targets 17-fold rise in coal-fired power by 2030
January 20, 2016, 1:26 pm
THE southern part of Myanmar is being eyed for new coal-fired power plants, in line with the country’s electricity-generation master plan that will boost the coal-fired power ratio 17-fold by 2030. Aye Min, deputy director for thermal power planning, told the “Myanmar Electric Power...
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