TOKYO -- Major Indonesian coal miner Adaro Energy, which in recent years has entered the power-plant business at home, is looking to build power plants in neighboring countries in Southeast Asia.
President and Chief Executive Garibaldi Thohir said that following a successful deal late last year with Electricity Generating Authority of Thailand, or EGAT, in which Adaro will supply coal for more than 20 years, he realized the company's ability to commit to a long-term supply agreement for coal-fired power plants that could give it an advantage in the sector.
