by Yohanes Obor | Jul 6, 2015 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – State oil and gas company PT Pertamina allocates US$2.5 billion, equivalent Rp33 trillion, for investing in geothermal power plant (PLTP) until 2019. Pertamina intends to boost PLTP’s intalled capacity by 505-907 megawatts. The...
by Yohanes Obor | Jun 30, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – PT Bukaka Teknik Utama Tbk (BUKK), member of Kalla Group, plans to build nickel smelter with capacity of 2760 tons this year with investment cost of Rp400 billion. The project will be funded by bank loan (70%) and internal cash. The company now...
by Yohanes Obor | Jun 29, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Sekawan Intipratama Tbk (SIAP), a start-up in coal business, plans to acquire coal miner PT Putra Dewa Jaya in East Kalimantan in mid this year. SIAP’s president director Muhammad Suluhuddin Noor said Putra Dewa has coal concession...
by Bahrul Qamar | Jun 29, 2015 | Agriculture, News, Resources
JAKARTA (Yosefardi) – State plantation firm PT Perkebunan Nusantara (PTPN) IV booked net profit of Rp750 billion in 2014, grew by 74.2% from Rp430.7 billion in 2013. Revenues rose 17.1% to Rp6.32 trillion from previous Rp5.4 trillion. Its assets reached Rp10.9...
by Yohanes Obor | Jun 23, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – State electricity firm PT Perusahaan Listrik Negara (PLN) plans to build power plants with investment cost of Rp609 trillion. PLN is assigned by the government of Indonesia to build 10,000 megawatts power plants, part of 35,000 MW power...
by Yohanes Obor | Jun 22, 2015 | Energy, News, Resources
MOSCOW (Yosefardi) – Rosneft and Indonesian Pertamina signed a Memorandum of Understanding within the St. Petersburg International Economic Forum, rosneft.com reported on Friday (June 19). The document was signed by Rosneft Chairman of Management Board Igor...