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PTBA diversified business to world-class energy and chemical companies

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Thu 04 May 2023, 12:00 PM

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PT Bukit Asam Tbk (PTBA), a member of the mining BUMN holding MIND ID, is diversifying its business by entering into new, renewable energy (EBT) to become an integrated and sustainable world-class energy and chemical company. "One of them is by entering the new renewable energy (EBT) business along with technological developments, EBT will be more efficient. This is an opportunity that needs to be managed carefully by paying attention to PTBA's existing resources. This step is also in line with the government's target of achieving Net Zero Emissions in 2060 or sooner," said PTBA Main Director Arsal Ismail in his statement in Palembang, Thursday.

He said that on April 17, 2023, PTBA agreed on a Memorandum of Understanding (MoU) with HDF Energy, which is a company engaged in the supply of renewable energy, one of which is hydrogen fuel. HDF Energy and PTBA are exploring cooperation in the development of large-scale hydrogen fuel infrastructure. in PTBA's operational areas as an effort to reduce carbon emissions. "This infrastructure can provide stable and sustainable green energy, which is needed for PTBA's own operations or for sale to the market," said Arsal.

The concrete form of PTBA's support in efforts to reduce global carbon emissions is also marked by the synergy with PT Jasa Marga (Persero) Tbk in the development of a Solar Power Plant (PLTS) with a capacity of 400 Kilowatt-peak (kWp) on the Jasa Marga Group toll road. The construction of the Bali Mandara Toll Road PLTS, which was inaugurated on September 21, 2022, is going very well, resulting in positive benefits in the form of energy efficiency and operational costs, and of course helping to support Indonesia's G20 Presidency in November 2022, one of which focuses on the issue of energy transition.

Previously, PTBA had built a PLTS at Soekarno Hatta Airport in collaboration with PT Angkasa Pura II (Persero). The PLTS consists of 720 solar panel systems with photovoltaics with a maximum capacity of 241 kWp and is installed in the Airport Operation Control Center (AOCC) Building. This PLTS has been fully operational since October 1, 2020. After the success in developing PLTS on the Bali Mandara Toll Road and Soekarno Hatta Airport, on February 24 2023, PT Bukit Asam Tbk and PT Jasa Marga (Persero) Tbk signed an extension of the Memorandum of Understanding (MoU) for the Development of PLTS in other toll road areas which are under the management of the Jasa Marga Group.

The extension of this MoU is a form of continuous SOE collaboration and synergy in supporting efforts to reduce global carbon emissions. In addition, PT Bukit Asam Tbk and PT Timah Tbk are exploring the potential for cooperation in the development of PLTS at Timah's operational locations as a form of synergy with MIND ID Holding Members. This collaboration was marked by the signing of the Renewable Energy Development Synergy MoU on January 26, 2023. PTBA through its subsidiary, PT Bukit Energi Investama (BEI) will build a PLTS to support PT Timah's operational activities. Electricity from the PLTS will be used for production operations (dredgers), lighting, and offices which are expected to contribute to reduced emissions and more efficient energy costs.

PTBA is also exploring the potential for cooperation in the development of PLTS at the operational locations of the Semen Indonesia Group (SIG). This collaboration was marked by the signing of a Memorandum of Understanding (MoU) for the Development of New, Renewable Energy (EBT) for Solar Power Plants on October 18, 2022 which is planned to begin to meet PT Semen Padang's operational energy needs.

In addition, PTBA has a number of ex-mining lands that can be utilized for PLTS development. Among them are post-mining lands in Ombilin in West Sumatra covering an area of 201 hectares (ha) and in Tanjung Enim covering an area of 224 hectares. The PLTS potential in each of these lands reaches 200 Megawatts (MW). There is also a Bantuas post-mining area of 30 ha in East Kalimantan with a potential of 30 MW. "These lands belong to the company, so there is no need for land acquisition. In this way, the investment costs for PLTS can be reduced so that the electricity produced can be competitive. The ex-mining lands are also productive. Not only beneficial for the environment, but also have economic value. ," he said.

Not only PLTS, he said PTBA and China Huadian Corporation (CHD) through a Memorandum of Understanding (MoU) signed on October 18, 2022 explored the development of a Wind Power Plant (PLTB) with a capacity of around 1,300 MW in South China and other renewable energy developments in Indonesia. which is currently in the process of feasibility study. In addition to developing business in the EBT sector, PTBA is also running a PLTS development program to turn on agricultural irrigation pumps

Source: https://www.antaranews.com/berita/3520434/ptba-diverisifikasi-bisnis-perusahaan-energi-dan-kimia-kelas-dunia

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