Press Release

Efficiency and optimization become a successfull keywords for PT Bukit Asam (Persero) Tbk in maintaining financial performance and stock liability. The state-owned company is recognized by the securities company, Bahana Securities and Reliance Securities, as the issuer of the most superior and has a strong foundation in the best performance among all issuers of coal for power generation project leader in Indonesia and has a healthy balance sheet.

Therefore, until the end of 2016, PTBA will continue the strategy of efficiency and optimization in running the company. In the financial report which released officially by the Company on October 27, 2016, in Jakarta, The Corporate Secretary of PTBA Adib Ubaidullah explained, PTBA will continuous basis repeatedly doing well either production optimization or annual operational and long term planning, with did an optimizations performed therefore operation controlling which has an emphasis on efficiency hence align with coal prouduct which have specifications according to market needs.

Adib explained, since 2013, The Company’s have been fully operated of 3x10MW coal fired plant owned, which fulfill the electricity needs for Tanjung Enim mine operation and continue to 2x8MW coal fired plant in 2014 to support Tarahan Port in Lampung. 

“The both of them are coal fired plant owned which dedicated to reducing production cost and equipment mining optimalization which using electricity,” Adib Said.

On the other hand, Adib said, the completion of upfrading project for berth capacity in Tarahan Coal Port have already done which meet the capacity untik 210,000 DWT it would give a competitiveness to load more with competitive freight tariff.

Meantime, through the subsidiary of PTBA, that is PT Bukit Multi Investama (BMI), in 2015, the company’s has also acquaired a mining service company well known as PT Satria Bahana Sarana. The acquisition is part of PTBA’s consolidated in order to efficiency for reducing mining production cost.

Furthermore, the synergy amongst subsidiaries with the holding company has undertaken to support business sustainability.