PT Adaro Energy, Indonesia's largest coal producer by market value, said on Wednesday it has won contracts to sell a total of up to 6 million tonnes of coal per year to firms in India, Thailand and Indonesia.
Adaro, which has a market capitalisation of $4.28 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.
Source: Reuters
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