Atlas?s coal supply contract with PLN

Saturday, July 1 2017 - 03:35 AM WIB

IDX-listed coal mining firm PT Atlas Resources Tbk, which operates coal mines in East Kalimantan and South Sumatra provinces, unveiled recently its 20-year contract to supply about 60 million tons of coal to power plants of state-owned electricity firm PT PLN.

The company said that its mines are strategically located for coal supply to Sumatra and West Java regions. Following is the breakdown of its coal supply contract with PLN.

Power plant Location (province) Contracted Qty (mtpa) Allocated (mtpa)*)
Pangkalan Susu 2x200MW North Sumatra 1,120,000 750,000
Tarahan Baru 2x110MW Lampung 640,000 300,000
Teluk Naga 3x315MW Banten 429,000 189,000
Pelabuhan Ratu 3x350MW West Java 429,000 525,000
Teluk Sirih 2x100MW West Sumatra 630,000 ? 449,000
Bangka Baru 2x30MW Bangka (TBD) (TBD)
Total ? 3,248,000 2,213,000
Source: Atlas Resources

*) Based on PLN production plan

Editing by Reiner Simanjuntak

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