JAKARTA (Yosefardi) Coal miner PT Adaro Energy Tbk (ADRO) had Thursday (September 18) signed memorandum of understanding (MoU) for the renegotiation of coal mining agreement of work (PKP2B).
The renegotiation was made for 6 points including the obligation of shares/interest divestment and the reduction of mining area to 15,000 hectares from current 34,940 hectares.
The PKP2B is grouped into 3 categories. The category 1 is imposed income tax of 45%, the category 2 gets 25% income tax, while the category 3 has income tax of 30%.