Lestari Cipta wins coal supply contract from PLN Batubara
Friday, March 25 2016 - 07:27 AM WIB
PT Lestari Cipta Persada, through its subsidiary PT Prolindo Cipta Nusantara (PCN), has recently secured contract to supply as much as 1.2 million tons of coal per year to PT PLN Batubara, a coal subsidiary of state-owned electricity company PT PLN.
President Director of Lestari Cipta Henry Soetio told Petromindo.com recently that the contract was signed a few weeks ago. ?It has been signed, and we will supply around 300,000 tons in every three months,? he said.
?This year we will be focusing on the domestic market especially the production from PCN in Sebamban, South Kalimantan,? he said. ?Rather than selling coal to overseas markets with cheaper price, we prefer to assist our government for generating the power.?
This year, PCN aims to produce around 3.1 million tons of coal.
Editing by Reiner Simanjuntak
