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Jakarta Post

PTBA expects to start railroad project later this year

Jakarta   /   Tue, March 13 2012   /  09:00 am

On track: A bucket wheel excavator loads coal onto a conveyor belt at PT Bukit Asam’s open pit coal mine in Tanjung Enim, South Sumatra. The company and its partners will build a new railway linking its mine in the province to the Tarahan coal terminal in Lampung. Bloomberg/Dadang TriCoal mining firm PT Tambang Batu Bara Bukit Asam (PTBA) expects to be able to begin the long-delayed construction of a railroad connecting a coal mine in South Sumatra and a port in Lampung this year.

PTBA president director Milawarma said in Jakarta that the government had informed them that the legal problem which had caused the delay would be settled this year.

“We are sure we will carry out the ground breaking this year. After the revised regulation is issued, we will perform a business-restructuring scheme of PT Bukit Asam Banko [BAB],” he said.

The railroad project will be ca...