Fully state-owned Perusahaan Listrik Negara PLN , which holds a monopoly on electricity distribution in Indonesia, will soon acquire coal mining concessions in order to safeguard its future coal supplies and have a stronger position when negotiating coal prices with traders PLN s power plants are estimated to require slightly more than 88 million tons in 2017, hence being the country s ....
Know MoreCOAL producer Geo Energy Resources has acquired a majority stake in two South Sumatra coal mines for US 25 million It will buy PT Titan Global Energy TGE from PT Titan Infra Energy TIE and its affiliate, PT Jaya Utama Indonesia JUI , giving Geo Energy a 51 per cent stake in producing coal mines PT Bara Anugrah Sejahtera BAS and PT Banjarsari Pribumi BP...
Know MoreBy acquiring the shares, Idemitsu Kosan plans to conclude the long-term purchase agreement for the thermal coals, purchase 30 of the thermal coals produced from the Malinau coal mines, and sell them to Japanese power compani This project secures the long-term purchase rights of the thermal coals through the acquisition of coal mine interest...
Know MoreJan 13, 2019 0183 32 PLN is planning to ensure long-term supplies for its coal-fired power plants by acquiring two coal mining sites in Kalimantan and Sumatra during mid ,...
Know MoreA number of listed coal mining companies on the Indonesia Stock Exchange are eager to raise production capacity amid attractive coal pric One way to boost production capacity is through the acquisition of other coal miners Indonesia s key thermal coal price Harga Batubara Acuan, HBA - the monthly benchmark price that is set by the Energy and Mineral Resources Ministry - rose slightly to ....
Know MoreThis list of mines in Indonesia is subsidiary to the list of mines article and lists working, defunct and future mines in the country and is organised by the primary mineral output For practical purposes stone, marble and other quarries may be included in this list...
Know MoreNew Delhi Anil Ambani Group firm Reliance Power Ltd today said it has acquired three coal mines in Indonesia with total reserves of two billion metric tonne The acquisition was done by its ....
Know MoreSARL intends to expand its thermal coal mining business in Indonesia Ong has said, back in October Jembayan is an outstanding coal mine with excellent infrastructure The acquisition will deliver immediate benefits to Straits Asia as it allows us to expand our 2008 production to a target of around 85 Mt to 95 Mt from our two min...
Know MoreOct 11, 2019 0183 32 Hence, many Indonesian companies and wealthy families decided to acquire coal mining concessions on Sumatra or Kalimantan in the late 2000s Coal became known as the new gold What drove this increase in Indonesia s coal production and export? Coal is the dominating force in power generation...
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