Indonesia Power, Adaro in coal supply talks
Monday, January 19 2009 - 03:46 AM WIB
PT.Indonesia Power, a wholly-owned subsidiary of state electricity firm PLN said on Monday it was in talks with South Kalimantan coal producer PT.Adaro Indonesia over coal supply contract to its Suralaya coal-fired power plant in Banten.
CEO Tonny Agus Mulyantono told Petromindo.Com on that both parties are close to ink 500,000 tonnes per annum long-term supply deal. He said once the deal is signed, Adaro is expected to start shipment in 2009.
He did not give further detail.(alex)