Carbon Friendly's MicroCoal signs MoU with PLN Batubara

By Ruli Setiawan

Canada-based clean energy technology firm Carbon Friendly Solutions Inc. said that MicroCoal International Inc. (MCII) has entered into a Memorandum of Understanding(MoU) with PT PLN Batubara (PTPLNB), a subsidiary company of Indonesian state-owned utility PT Perusahaan Listrik Negara (PLN).

The company said in a statement Monday that pursuant to this MoU, PTPLNB has expressed an interest to integrate the use of the MicroCoal(tm) technology into PTPLNB's coal-based energy business in order to increase the heat value of the coal used by its coal power plants.

Further, PTNLNB and MCII have agreed to negotiate and discuss the financing, including construction costs, of building and operating MicroCoal technology at one or more of PTPLNB's coal-based facilities in Indonesia. The company expects to shortly receive coal from PTNLNB and will conduct testing based on their coal and boiler specifications.

Slawek Smulewicz, CEO and Director of the company, states: "This MoU with PTPLNB heralds a significant development for MicroCoal in Indonesia, which is the world's fourth most populous country. We are pleased that PT PLN, one of the worlds leading utilities, has shown confidence in the MicroCoal(tm) technology and wishes to examine its use at its coal-fired power plants. Given that Indonesia is one of the world's largest users of thermal coal, this is a tremendous opportunity for MicroCoal."

Editing by Reiner Simanjuntak