PTBA Secures IDR 3.56 Trillion Loan from Three State-Owned Banks
Thu 13 Nov 2025, 01:39 AM
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PT Bukit Asam Tbk (PTBA), a member of the MIND ID state-owned mining holding, is committed to safeguarding national energy security by continuously expanding its coal production capacity along with its logistics infrastructure functions.
“Through one of our strategic pillars—business optimization, specifically the logistics pillar—PTBA places increasing coal transport capacity as a top priority,” said Bukit Asam President Director Arsal Ismail in an official statement, Thursday (November 13, 2025).
1. Projection to increase PTBA’s coal transport capacity
To boost coal transport capacity, PTBA is accelerating the development of strategic projects for the Coal Handling Facility (CHF) and Train Loading Station (TLS) 6–7 on the Tanjung Enim–Kramasan coal rail corridor.
“We hope this project will increase PTBA’s existing coal transport capacity by 20 million tons per year, enabling the company to strengthen its contribution to national energy security,” Arsal said.
2. PTBA secures funding from three state-owned banks
To finance these development projects, PTBA obtained loan facilities totaling IDR 3.56 trillion from three state-owned banks: PT Bank Mandiri (Persero) Tbk, PT Bank Negara Indonesia (Persero) Tbk, and PT Bank Rakyat Indonesia (Persero) Tbk.
“These facilities will fund the Tanjung Enim–Kramasan Coal Transport Development Project, a key effort by PTBA to reinforce coal logistics infrastructure from upstream to downstream,” Arsal added.
3. Funding reflects SOE synergy
PTBA Director of Finance and Risk Management, Una Lindasari, emphasized that cooperation with the three Himbara banks reflects synergy among state-owned enterprises in supporting national energy infrastructure development.
“This funding not only strengthens the company’s capital structure but also accelerates completion of strategic projects that will improve PTBA’s coal supply-chain efficiency,” Una said.
Through the Tanjung Enim–Kramasan Coal Transport Project, PTBA is committed to optimizing production targets to reinforce the company’s role in realizing national energy security.
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