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Friday, 23 December 11
LANCO JOINS HANDS WITH BUKIT ASAM FOR INDONESIAN POWER PROJECT


COALspot.com - PT Tambang Batubara Bukit Asam, Indonesia's state owned coal miner and Indian based Lanco Infratech Ltd plans to build steam power plant (PLTU) in Pranap, Riau with capacity of 2x300 megawatts (MW), according to Investor Daily.

Milawarman, PTBA's newly appointed president director, according to Investor daily, said Bukit Asam will holds 51% interest in the project while the rest is held by Lanco.

Lanco which also bought Australia’s Griffin Mining Co. earlier this year and also looking for coal mines in Indonesia to secure fuel for its thermal power plants in India. LANCO is a privileged member of the World Economic Forum and has been acknowledged as an elite member of the top 200 "Global Growth Companies", acording to company's website

PTBA also interested to  partnered with Lanco, to participate tender of Muara Enim PLTU, South Sumatera with capacity of 600 MW. 



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