Press Release

PTBA coal reserves reached 7.29 billion tons and 1.99 billion tons of reserves produced. 6.36 billion tons were located in UPTE (66,000 hectares) in Muara Enim and Lahat Districts. PTBA managed 3 power plant fueled by low caloriescoal and a biomass ones with its 550 workers. Since Borang power plant inauguration (2004) Sumsel proclaimed as National Energy Shed. China agreed on 8 investment plans and one of them was Banko Tengah power plant in Muara Enim (on 2005 July). In 2006 AGM, PTBA setablished a subsidiary PT Bukit Generating Innovative (BPI) to manage the power plant and its PPA addendum between PT BPI with PT PLN signed with USD5.56954 tariff per kWh for 30 years. As for Sumsel 8 power plant (USD1,59 billion) managed by a subsidiary PT Bukit Asam Huadian Power (HBAP) and scheduled for commercial operation and connected into the Java-Sumatra network in 2019. PTBA will become the sole supplier of 5 million tons coal per year for its fuel for 25 years.

Had Sumsel 8 commenced its operation, PTBA produced power of 1,500 Mega Watts. Currently, PTBA successfully passed the pre-qualification tender for Sumsel 9 (2 x 600 MW) and Sumsel 10 (600 MW) power plants. PTBA hoped to beat six other bidders and won the projects. Currentlty PTB also develop Peranap Mine Entrance Plant 800-1200 Mega Watts with PT PLN and Tenaga Nasional Berhad of Malaysia.