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Bukit-Asam

Bukit Asam explores new downstream coal partnerships
Companies 1 year ago

PREMIUM
Bukit Asam explores new downstream coal partnerships

State-owned coal miner PT Bukit Asam (PTBA) has said it is exploring opportunities with several Chinese companies to continue downstream coal projects in Muara Enim, South Sumatra, including coal gasification into dimethyl ether (DME).
Coal to DEM: Why it’s doomed and some better alternatives
Academia 2 years ago

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Coal to DEM: Why it’s doomed and some better alternatives

The objective of DME production is to reduce government expenditures related to LPG subsidies, not to shift the financial burden.
RI to find new partners after Air Products backs out from coal downstream project
Companies 2 years ago

PREMIUM
RI to find new partners after Air Products backs out from coal downstream project

Indonesia to find new partner to replace Air Products, which decided to withdraw recently, hoping to continue the coal downstream project nevertheless.  
Indonesia introduces three baby-step methods to axe coal plants
Economy 3 years ago

PREMIUM
Indonesia introduces three baby-step methods to axe coal plants

There are three options to retire coal-fired power plants earlier: write-off from PLN’s book, a spin-off with blended financing and independent power producer (IPP) refinancing.
Coal giant Bukit Asam books record-high net profit
Companies 4 years ago

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Coal giant Bukit Asam books record-high net profit

The publicly-listed coal miner booked Rp 7 trillion (US$487 million) in profit in the January-November period, which it says is the highest ever recorded.
Decade-high coal prices drive strong H1 mining performance
Business 4 years ago

PREMIUM
Decade-high coal prices drive strong H1 mining performance

Indonesian coal miners have booked either a profit increase or a reversal of last year's losses in strong first-half performance on the back of high prices due to increased demand as economies reopen and supply pressure amid the China-Australia trade spat.
Neglecting renewables could cost Indonesia's energy edge, independence
Opinion 5 years ago

Neglecting renewables could cost Indonesia's energy edge, independence

Nations around the world are moving full speed ahead in developing sustainable and deflationary renewables, but Indonesia appears to be rowing against the tide in its efforts to achieve energy independence.
Govt grants incentives to Bukit Asam’s coal gasification project
Business 5 years ago

Govt grants incentives to Bukit Asam’s coal gasification project

The project, a potentially loss-making enterprise that converts coal into a type of cooking gas, is now eligible for a land and building acquisition tax waiver and less red tape.
Bukit Asam's coal-gasification project will be loss-maker: Study
Business 5 years ago

Bukit Asam's coal-gasification project will be loss-maker: Study

Officials have touted Bukit Asam’s coal-to-DME plant – the first and only plant of its kind in Indonesia – as a solution to curb Indonesia’s consumption of LPG.
Bukit Asam profits dip 44 percent in September amid weak coal demand
Business 5 years ago

Bukit Asam profits dip 44 percent in September amid weak coal demand

Bukit Asam’s net profits dipped 44.2 percent year-on-year (yoy) to Rp 1.73 trillion (US$121.7 million) in the January-September period this year, as revenues fell sharper than expenses, the company’s latest financial statement shows.
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