A number of prestige projects belonging to PT Bukit Asam Tbk ( PTBA ) continue to roll, one of which is the construction of the South Sumatra-8 Mine Mouth Steam Power Plant (PLTU). To date, the PLTU with a capacity of 2x620 megawatts (MW) has reached construction completion of 95%. The power plant is expected to be operational commercially in March 2022.
Normally, this PLTU can consume up to 5.5 million tons of coal per year. However, this year's coal consumption is estimated to only be around 500,000 tons because it is not yet fully operational.
Just so you know, PTBA built this PLTU through PT Huadian Bukit Asam Power (HBAP) as an independent power producer (IPP). HBAP is a consortium between PTBA and China Huadian Hongkong Company with a value of US$ 1.68 billion. In January 2022, PTBA together with Pertamina and Air Products & Chemical Inc conducted a groundbreaking for the coal downstream project into dimethyl ether (DME) in the Tanjung Enim industrial area, South Sumatra.
This gasification is a national strategic project (PSN) and will be carried out for 20 years with an investment value of Air Products reaching US$ 2.3 billion or equivalent to US$ 32.9 trillion.
This gasification project is capable of absorbing 6 million tons of coal per year and can produce 1.4 million DME per year. This DME can reduce imports of liquified petroleum gas (LPG) by more than 1 million tons per year.
PTBA's expansion into the new renewable energy (EBT) sector also continues. PTBA currently plans to develop a solar power plant (PLTS) in the post-mining area, namely in the post-mining area of Tanjung Enim with a capacity of 200 MW on a total area of 224 hectares (ha), in Ombilin land with a capacity of 200 MW in an area of 201 ha, and PLTS located in Bantuas, East Kalimantan.
PTBA is also collaborating with PT Bintan Alumina Indonesia in the context of exploring the potential for developing the PLTU project in the Galang Batang Special Economic Zone (KEK) in Bintan, Riau Islands.
This exploration opens up opportunities for PTBA to support the supply of coal for processing plants (smelters) and other developments. PTBA is also collaborating with PT Kereta Api Indonesia (KAI) to develop a railroad coal transportation project with a capacity of 72 million tons per year in 2026.
Source: https://industri.kontan.co.id/news/melihat-progres-sejumlah-proyek-milik-bukit-asam-ptba?page=1
