Monday, March 25, 2013

Indonesia to burn $80 million on Myanmar coal


Monday, 25 March 2013 14:13 Mizzima News

The Jakarta Globe has reported that Bukit Asam, an Indonesian state-owned coal mining company, plans to invest US $80 million in a mine-mouth coal-fired power plant in Myanmar.

PHOTO PT Bukit Asam - Persero Tbk / Facebook

The proposed plant will be the biggest of its kind in the country. It has not yet been announced where the mine will be located.

Speaking to The Jakarta Globe on Friday, Joko Pramono, Bukit Asam’s corporate secretary, said, “This energy project has a capacity of 2x200 megawatts. There is already a research team that has done a study on it.”

There are currently 15 Indonesian state-owned firms eyeing Myanmar for business expansion, said Indonesian Minister Dahlan Iskan, according to the report.

Last November, Indonesian Foreign Minister Marty Natalegawa visited Myanmar on a fact-finding visit for ASEAN.
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