Coal miner PT Adaro Energy Tbk (ADRO), the second largest coal miner in Indonesia, expects the financial closing for steam power plant (PLTU) Tanjung Power Indonesia in South Kalimantan to take place in October 2016. The investment cost for this PLTU with capacity of 2×100 megawatts (MW) reaches US$500-550 million. ADRO’s subsidiary PT Bhimasena Power holds 65% interest in this project.To subscribe please click here