Bukit Asam’s Three Strategies Towards a World-Class Energy and Chemical Company

PT Bukit Asam Tbk (PTBA), a member of the state-owned mining holding MIND ID, has prepared steps to realize the vision of becoming an energy and chemical company that cares about the environment.

This transformation is carried out to support the Net Zero Emission target in 2060, in accordance with the direction of President Joko Widodo. The company also seeks to increase its contribution in supporting national energy security.

PTBA has three specific strategies to realize these ideals. First, an increase in the portfolio of new and renewable energy (EBT)-based power plants. PTBA has so far built a solar power plant (PLTS) at Soekarno-Hatta Airport in collaboration with PT Angkasa Pura II (Persero).

In addition to Angkasa Pura II, PTBA also collaborates with Jasa Marga Group for the development of solar power plants on toll roads. Then recently, PTBA explored the potential for cooperation in the development of solar power plants at the operational location of Semen Indonesia Group (GIS).

“PTBA anticipates that in the future NRE will be increasingly able to compete with fossil energy. Along with the development of technology, NRE will be more efficient. Therefore, PTBA diversified its business,” said PTBA President Director, Arsal Ismail.

The second strategy is coal downstreaming and chemical industry development by preparing a special economic zone in Tanjung Enim, South Sumatra, as an area for business development. The downstream carried out by PTBA is the Coal to DME (Dimethyl Ether) project as a form of the company’s commitment to the issuance of Presidential Regulation Number 109 of 2020 which was signed on November 17, 2020 by President Joko Widodo.

“This is a new portfolio for companies that are no longer just selling coal but are also starting to enter downstream products to increase added value,” said Arsal.

Third, the Carbon Management Program that integrates carbon reduction targets in mining operations. PTBA has a series of programs to cut carbon emissions. Starting from replacing mining equipment that uses fossil fuels to electricity, systems implementing real-time and online production reporting, to reclamation to restore former mining land.

“Transformation is being carried out by PTBA to answer future challenges. With these steps, PTBA is optimistic that it can become a sustainable company and continue to contribute to national energy security,” he concluded.

Image source —> PTBA

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