PTBA clinches deal on coal price with PLN?s power plants
Monday, July 19 2010 - 07:48 AM WIB
Indonesia-listed coal miner PT Tambang Batubara Bukit Asam Tbk (PTBA) has concluded a negotiation with state electricity firm PT PLN (Persero) on the new price of coal to be delivered to PLN?s two power plants in Sumatra.
PTBA's corporate secretary Achmad Sudarto told Petromindo.com Monday that new price for 4x65 MW Bukit Asam plant in South Sumatra and Tarahan 2x100 MW in Lampung represent an increase of around 5 percent and 8 percent, respectively compared to last marketing year?s price
In the last marketing year, PTBA charged Bukit Asam Rp.470,750 (US$=Rp.9, 050) per ton and Rp.525, 000 per ton for Tarahan.
Under the deal, PTBA will supply 1.1-1.2 million tons of coal to Bukit Asam and 750,000-800,000 tons to Tarahan in 2010. (denny)