The Jakarta Post
State-run coal mining company Bukit Asam says it remains on track to meet its target of adding 5,000 megawatts (MW) to its power-generating capacity as part of its diversification strategy.
The steep fall in global coal prices has hit the mining industry and forced the publicly listed company to venture into the electricity business as an independent power producer (IPP) supplying electricity to state-owned power firm PLN.
By doing so, Bukit Asam is tapping the potential of rising demand for electricity in the country. The government has proclaimed a target of increasing nationwide electricity supply by 35,000 MW within the five-year period before 2020.
“With huge coal reserves, we have the potential to supply 5,000 MW of electricity and it is not too difficult for us to meet the government’s target,” Bukit Asam president director Arviyan Arifin said on Monday ...