PTBA, Malaysian firm to establish three joint ventures

State coal mining firm PT Bukit Asam (PTBA) struck a deal with Malaysian electricity utility firm Tenaga Nasional Berhad (TNB) and Indonesia’s PT Perusahaan Listrik Negara (PLN) to develop mining sites in Riau.

The companies have agreed to form three joint ventures, comprising a firm that will work on the development of PTBA’s mining sites in Peranap, Indragiri Hulu.

The other two ventures will manage construction of mine mouth coal steamed power plant (PLTU) with a capacity of 2×600 megawatts, and develop a 275 kV interconnection line from Telok Gong in Melaka to Garuda Sakti in Sumatra.

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Posted June 25, 2012 by repit in News

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