State-owned coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) has entered into agreement to supply low rank chalorie coal to Indonesia's largest electricity power producer PT Perusahaan Listrik Negara (PLN) in 20 years since 2011.
In a press release from Bukit Asam published this afternoon, Bukit Asam's Corporate Secretary Achmad Sudarto said the coal supply will be held in some stages of up to 9 million tons annually. In 20 years, Bukit Asam might supply 180 million tons of coal.
Bukit Asam has committed to provide coal with 4,700 kcal-5,000 kcal/kg (ADB) or equals to 3,750 kcal-4,588 kcal/kg (AR).
He said the coal agreement made with PLN is exclude current coal agreement to PLTU Suralaya, PLTU Tarahan, and PLTU Bukit Asam.
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