Publicly-listed Indonesian coal miner PT Bukit Asam plans to build a steam power plant in Myanmar and another in Vietnam. President director Milawarma is optimistic that the plan will boost Bukit Asam’s reputation as a world-class energy company.
“We will build power plants in Myanmar and Vietnam as we expand our energy business,” Milawarma said earlier this year.
He said Bukit Asam would sign a Memorandum of Understanding with the Myanmar Minister of Energy over construction of a power plant with capacity of 2x100MW. The investment value would be US$250-300.
In Vietnam, he said the company would also build a power plant as part of market development started in 2013. The company had supplied 600,000 tonnes of coal to Vietnam and would send a team to the country to conduct an assessment as a form of joint business development in the coal sector.