Mining services company, PT Putra Perkasa Abadi (PPA) targets overburden removal (OB) volume to reach 420 million bank cubic meters (bcm) throughout 2023. In this year, the volume of land stripping Putra Perkasa is about 270 million bcm.
This year, Putra Perkasa Abadi received many contracts from several large companies such as Adaro Energy, Dian Swastatika Sentosa, Kaltim Prima Coal, Borneo Indobara, ABP Energy, Bukit Asam and MHU Coal.
"We are targeting production next year to be 420 million bcm," said Director of PT Putra Perkasa Abadi, R Teguh Saptosubroto, in a media gathering forum, yesterday.
Putra Perkasa since 2010 has started operating with a volume of 6.5 million bcm, then increased to 16.1 million bcm in 2011, 22 million bcm (2012), 27.8 million bcm (2013), 15.2 million bcm (2014), 27.5 million bcm (2015), 38.1 million bcm (2016).
Furthermore, it is 88.8 million bcm (2017), 139.6 million bcm (2018), 191.4 million bcm (2019), 145.5 million tons (2020), 173.7 million tons (2021), and 272.4 million tons (as of December 25, 2022).
As the volume of overburden removal increases, the management of Putra Perkasa Abadi also continues to increase heavy equipment and increase the number of workers.
Teguh explained that his party has ordered more than 200 units of heavy equipment, which will come next year. Not only that, Putra Perkasa Abadi plans to continue to add another around 150 units of heavy equipment. "So if you order heavy equipment, it must be three years in advance," he said.
Teguh said that currently with the increasing number of clients, the company has to prepare another workforce of around 4,000 employees. Currently, Putra Perkasa Abadi already has 11,000 employees. "We already have 2,000 heavy equipment for project purposes," he said.
In addition to the coal segment, Teguh said, his party will also continue to expand into mineral mining services. Currently, Putra Perkasa Abadi is already a contractor for two nickel mines. "We are participating in the due diligence of nine bauxite mining companies," he said.
Teguh said, Putra Perkasa Abadi charges mining service fees between US $ 1.8 to US $ 2.4 per bcm. With an estimated volume of 420 million bcm of stripping next year, they have the potential to earn US$ 756 million - US$ 1 billion in revenue. "We want to be the number two company in the industry," he said.
On the other hand, Putra Perkasa Abadi spends about 250 million kiloliters of diesel fuel per year. Currently, they will also follow the government's rules regarding mandatory B40 next year. "We will coordinate with heavy equipment providers," Teguh said.
He said that the current business growth cannot be separated from the appropriate compensation program, which is to provide allotment of shares to employees. "Employees get the opportunity to buy shares of the company for a total of 20%. If our profits increase, then the value of workers' shares will also increase," Teguh explained.
Image source: Kontan.co.id/Aziz Husaini
