Thursday, May 11, 2006

Bukit Asam to boost coal output to 62 million tones

As government speeds up the development of coal-fired power plants, the state-owned coal mining company PT Tambang Batubara Bukit Asam is launching an ambitious plan to boost its output from around 10 million tones/year to 62 million tones/year in the next five years.
AC Purba, director of Bukit Asam, told shareholders yesterday that the company is working on two major coal-fire power plant projects near its mining pit in South Sumatra with combined capacity of 2,600 MW. These power plants would consume at least 11 million tones/year once they start the commercial operation.
No details available on how the company would finance the massive expansion drive.

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