Adaro, through its 100 percent subsidiary, is running a 2×30 megawatt (MW) mine-mouth power plant in South Kalimantan.
It is has a 65 percent stake in another 2×100 MW power plant project in South Kalimantan. A South Korean company holds the remaining 35 percent stake of the project.
Mohammad Effendi, the president director of Adaro’s subsidiary PT Adaro Power, said the company expected to soon sign a power purchase agreement (PPA) for the 2×100 MW plant project with the state electricity company PLN.
“The PPA is expected next month with PLN,” Effendi said, referring to state-owned electricity firm PT Perusahaan Listrik Negara.