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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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Recent News

Friday, 13 February 09
INDONESIA IS EXPECTED TO PRODUCE 225 MILLION TONES OF COAL IN 2009 - ENERGY MINISTRY
Indonesia, the world's top thermal coal exporter, will allocate 68.3 million tonnes of coal out of expected forecast production of 225 million ton ...


Friday, 06 February 09
INDONESIA'S COAL PORTS HAVE FORCED A RETHINK ON 'TRADITIONAL' HANDLING OPTIONS
Port Strategy reported that, Indonesia’s main coal-producing islands of Kalimantan, Sulawesi and Sumatra suffer from a scarcity of suitable la ...


Thursday, 22 January 09
MINISTER: MINING LAW PROHIBITS RAW MATERIAL EXPORT - ESDM
The Coal and Mining Law, approved during the House of Representatives plenary meeting on December 16, 2008 seeks to domestically increase mining com ...


Wednesday, 07 January 09
SOUTH KALIMANTAN COAL PRODUCTION EXPECTED TO INCREASE - ESDM
Coal production from the South Kalimantan region has the potential to increase in the next few years. Aside from the vast proven reserves of coal, s ...


Tuesday, 30 November 99
GLENCORE EXPECTS 2023 TRADING UNIT PROFITS OF UP TO $4 BLN - REUTERS
Glencore GLEN.L on Friday said it expects profits at its trading division this year of up to $4 billion, exceeding its long-term annual guidance. ...


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