Jul 25, 2011

Berau to supply coal to Lati power plant

PT Berau Coal, a 90% owned subsidiary of PT Berau Coal Energy Tbk (BRAU), is expected to supply 200,000 tons of coal to mouth mine power plan Lati next year. 
Finance Director Choeruddin Noer at PT Indonesia Pusaka Berau said Lati power plan has capacity of 28 MW. The company is focusing to accomplish one power plant with 2x7 MW capacity. One power plant is expected to operate in August and 1x7 MW additional power plant is underway for tender.
"We expect that Berau Coal enables to supply the coal demand for the power plant of 200,000 tons up to 2014," he said as quoted by Bisnis Indonesia today.
Berau Coal produced 9 million tons coal in the first half of this year, representing 44.3% of the full year target of 20.3 million tons.

Disclosure: No position at the stock mentioned above.

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