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Wednesday, 30 June 10
PTBA TO SUPPLY ADDITIONAL 180 MLN TONS OF COAL TO PLN FOR 20 YEARS


COALspot.com: Indonesia's state-owned coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) has entered into a new contract with state owned electricity company to supply 180 million tons of low rank coal for 20 years from 2011.

In a press release from Bukit Asam published this afternoon, Bukit Asam's Corporate Secretary Achmad Sudarto said, "the coal supply will be  around up to 9 million tons of coal per annum".  

"This  new coal supply contract is an addition to existing contracts Bukit Asam is having with state owned electricity company", he further said. PTBA is currently supplying coal to PLTU Suralaya, PLTU Tarahan, and PLTU Bukit Asam and majority of coal produced by PTBA is currently supplied to PLN. 

Bukit Asam has committed to supplying coal with calorific value 4,700 - 5,000 kcal/kg (ADB) or equals to 3,750 -4,588 kcal/kg (GAR), according to press release. Bukit Asam and PLN haven't decided the price for coal to be supplied to PLN. Bukit Asam will discuss and finalize the price by the end of this year for next year deliveries.
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