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PTBA Sells 10.3 Million Tons of Coal Domestic H1 2023

PTBA/Bukitasam.co.id

Fri 08 Sep 2023, 09:00 AM

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PT Bukit Asam Tbk (PTBA) revealed that the company has supplied domestic coal needs or Domestic Market Obligation (DMO) reaching 10.3 million tons during Semester I-2023.

PTBA Corporate Secretary Niko Chandra said that his party had supplied DMO coal up to 10.3 million tons as of June 2023.

"PTBA's DMO realization as of June 2023 is 10.3 million tons," Niko explained to CNBC Indonesia, Monday (4/9/2023).

He said that this was the company's commitment to maintaining national energy security.

"We continue to be committed to maintaining national energy security," he added.

As is known, one of PTBA's coal DMOs is supplied for the needs of the PLTU owned by PT PLN (Persero). Niko said that currently his party is still supplying coal to PLN in normal quantities.

Although, currently PLTU Suralaya Units 1-4 in Banten which is managed by PLN's subsidiary, PT Indonesia Power, with a capacity of 4 x 400 Mega Watt (MW) is being shut down to reduce pollution in DKI Jakarta and its surroundings.

"The supply of coal from PT Bukit Asam Tbk (PTBA) to PT PLN (Persero) has so far been normal,"

"With the decommissioning of the Suralaya PLTU since August 28, up to now there has been no impact on PTBA," he explained.

For information, PTBA's total coal production in Semester I 2023 reached 18.8 million tons, growing 18% compared to the same period in 2022 which amounted to 15.9 million tons.

This increase in production led to an increase in coal sales volume by 19% to 17.4 million tons. In the first semester of 2023, the Company recorded export sales of 7.1 million tonnes, an increase of 37% compared to the same period the previous year. Meanwhile, the realization of Domestic Market Obligations (DMO) was recorded at 57%.

Image source: PTBA/Bukitasam.co.id

Source: www.cnbcindonesia.com/Semester I 2023 PTBA Jual 103 Juta TonBatu Bara Ke Domestik

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