The government should also financially assist the transfer of technology at the two mines to foreign countries, the Coal Mining Council said in its final draft proposal to be submitted to the minister of international trade and industry in early August.
INDONESIA POWER READY TO START OPERATION IN COAL MINING. PT Indonesia Power, the subsidiary of the state owned electricity company PLN has set aside Rp 100 billion to acquire coal mines with high quality coal deposits to guarantee coal supply to its power generating plants.
Under a provisional law to promote the restructuring of the coal mining industry, the power companies are required to purchase domestically produced coal for some 15,000 yen per ton, around three times the price of overseas coal, through fiscal 2001.
State-owned tin mining company PT Timah is currently preparing some US$ 20 million investment for the expansion of its business to coal mining in Kalimantan.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.