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Monday, 16 March 09
ANTAM SELECTS PARTNERS FOR POMALAA POWER PLANT - THE JAKARTA POST


PT Aneka Tambang Tbk, Indonesia’s second-largest nickel producer, said it intended to develop a $300 million coal-fired plant in Pomalaa, Southeast Sulawesi Province, with a consortium including PT Nava Bharat Indonesia and PT Indika Energy Tbk.

The state-owned company said the development of the power plant was part of its strategy to reduce its ferronickel production cost. Antam, as the company is known, now uses a 102 megawatt hour diesel plant to supply electricity to its ferronickel smelters.

The joint venture — to be 20 percent owned by Antam and the rest by the consortium — will replace the diesel plant with two 75 MW coal-fired units.

Antam expects construction to begin at the end of 2010, with commercial operations starting in 2013. Hari Widjajanto, Antam’s senior manager for corporate strategic development, said that the company was considering coal mining acquisitions to support the plant.

In late January it was announced that Antam was eyeing six coal mining firms in East Kalimantan Province at an estimated cost of Rp 2.55 trillion ($214.2 million).
To read more The jakarta Globe 



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Friday, 26 June 09
SA COAL EXPORTS UNLIKELY TO BREACH 65MT THIS YEAR
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Friday, 26 June 09
BAYAN TARGETS GROSS PROFIT TO RISE BY 86.2 PERCENT
Local coal producer publicly listed PT Bayan Resources is targeting this year's gross profit to rise by 86.2 percent on the back of higher sales vo ...


Thursday, 25 June 09
INDIA'S ULTRATECH BUYS 500,000T S.AFRICA COAL
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Wednesday, 24 June 09
NTPC BURNS MORE COAL TO PRODUCE ELECTRICITY
A tonne of coal is the same as another tonne of coal, you might think. But power major NTPC Ltd is finding that this year’s coal is not yie ...


Wednesday, 24 June 09
NTPC, COAL INDIA TO BUY MINING ASSETS OVERSEAS
State-owned utility National Thermal Power Corporation (NTPC) and the largest coal producer Coal India are in advanced stages of acquiring mining as ...


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