Indo Mines advised to utilize Cilacap port for coal shipment
Saturday, April 30 2016 - 06:37 AM WIB
ASX-listed Indo Mines Ltd said Friday that a study conducted by LAPI-ITB recommended the company to utilize the Tanjung Intan Port in Cilacap, Central Java Province, for coal shipment from PT Triaryani mine in South Sumatra.
As has been earlier reported, Indo Mines plans to build a 100 MW coal-fired power plant to support its planned iron making facility in Kulon Progo, Yogyakarta Province.
The company said in a statement that the port?s proximity to the project site is 140 kilometers. The port?s berth operating ratio (BOR) is relatively low i.e. < 50 percent in 2014 and 2015. The port provides sufficient throughput to fulfill phase 2 coal demand with a dedicated berth. Other features include available rail infrastructure within the port, available berth for 40,000 DWT vessel and 10,000 DWT barge, and solid supporting facilities (berths parallel to railway, hoppers, crane grab, excavator, storage- both open and closed).
Indo Mines appointed LAPI-ITB in 2015 to conduct a land logistic study to compare opex/capex when using road vs rail services.
?Since there is no sea port within a radius of 100 kilometers from the project site, the study examined the sea ports in Java Island that are connected to train tracks and major roads,? Indo Mines said in the statement.
Editing by Reiner Simanjuntak