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Pusaka Jaya Seeks to Buy 960,000 Tons of Power-Plant Coal

April 19 (Bloomberg) -- PT Pusaka Jaya Palu Power, an Indonesian private power utility, said it’s seeking offers for the supply of as much as 960,000 metric tons of coal in contracts that may last between two and five years.

Jakarta-based Pusaka Jaya plans to buy 16,000 tons of coal a month with a heating value of 5,600 kilocalories to 5,800 kilocalories a kilogram with first delivery to start in May, the company said in a notice published in Media Indonesia.

Individual or group suppliers that own mining licenses from the government can register for the tender on April 20 and April 21, the notice said.

To contact the reporter on this story: Yoga Rusmana in Jakarta at yrusmana@bloomberg.net.

To contact the editor responsible for this story: Clyde Russell at crussell7@bloomberg.net

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