PTSB and PLN Signed SPJBTL (Letter of Power Purchase Agreement)

Palembang, PT Semen Baturaja (Persero) Tbk, together with PT PLN (Persero) has signed a Letter of Power Purchase Agreement (SPJBTL) in the Ballroom of Novotel Hotel Palembang on Wednesday, September 2, 2015. SPJBTL signing was done on the Socialization Service Policy in the Electricity sector, held by Ministry of Energy and Mineral Resources.

In this event attended by President Director of PT Semen Baturaja (Persero) Tbk, Mr. Pamudji Rahardjo along with others Board of Directors attended at the event. Mr. Paranai Suharfan as General Manager of PT PLN (Persero) Region S2JB, and Mr. Daniel S Bangun as Head of Distribution and Customer Service Operations Directorate Sumatera and also Staff of PT PLN (Persero).

Witnessed by representatives of the Ministry of Energy and Mineral Resources and the management of PT PLN. The Contents of agreement between PT Semen Baturaja (Persero) Tbk and PT PLN (Persero) is terms of distribution and purchase of electricity to high voltage lines of 150 kV (kilo Volt) and capacity power of 45 MVA which will be distributed by PT PLN (Persero) to PT Semen Balfour (Persero) Tbk.

President Director of PT Semen Baturaja (Persero) Tbk revealed that SPJBTL is part of Baturaja II plant construction project implementation which is currently underway. Previously on March 26, 2015 has signed Engineering and Procurement project contract of Baturaja II with the Tianjin Cement Industry Design & Research Institute Co. Ltd. And on April 2, 2015 has signed construction project contract of Baturaja II with CBMI – DDK Joint Operation.

He also said that the cooperation and synergy among BUMN (state-owned enterprises) of this kind needs to be done, especially to face of ASEAN Free Trade Area competition or Asian Economic Community (AEC) in order to support the local economy, especially in South Sumatra and national economy.