Bukit Asam Acquired Fund of IDR4Trn for Capital Expenditure

Tambang Batubara Bukit Asam, Tbk (PTBA:IJ) in need of capital expenditure (capex) amounting IDR4Trn to IDR5Trn in 2018. While the proceed will be used for an expansion plan, such as: the development of steam power plant (PLTU) in South Sumatra 8 with capacity of 2x600MW. In the next future, company will acquisition some PLTU owned by Aneka Tambang, Tbk (ANTM:IJ) in Pomalaa, Southeast Sulawesi.To subscribe please click here