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PT Bumi Conducting Feasibility Study for Coal Gasification Plant

Coal News - Published on Fri, 24 Jan 2020

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Reuters reported that Indonesia’s PT Bumi Resources is looking into building a coal gasification plant potentially worth more than USD 1 billion. Bumi Resources director Mr Dileep Srivastava said that “It is conducting a feasibility study into building a plant to process coal into gas. The study is expected to be concluded this year, which Bumi will take up to their shareholders and lenders for consideration. We are actually very seriously and actively engaged.”

Depending on the plant’s capacity, Mr Srivastava said Bumi could be looking at between USD 1 billion to USD 2 billion in investment.

He said Bumi, which in 2019 produced around 87 million tonnes of coal, will supply coal from its units such as Kaltim Prima Coal for the potential plant as feed stock and to power the facilities. He said “We believe that about 4 million to 5 million tonnes of coal can be easily consumed here.”

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Posted By : Rabi Wangkhem on Fri, 24 Jan 2020
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