Bukit Asam Boss About The Acquisition Of The Queen Port PLTU: Still In Process, We Study In Detail

Illustration (Photo: Doc. Antara)

JAKARTA - President Director of PT Bukit Asam Tbk, Arsal Ismail, revealed that the progress of the planned acquisition of the PLTU Pelabuhan Ratu owned by PT Perusahaan Listrik Negara (Persero) or PLN is still in the detailed study stage including regulations by the government.

"PLTU Pelabuhan Ratu is still in process and we are currently reviewing it in detail. We are currently still looking at the regulations," said Arsal when met at Grand Hyatt Jakarta, Friday, December 16.

Arsal said that his party had signed an MoU to conduct due deligence for the PLTU early retirement program.

"Yesterday, the MOU signed a due delivery in detail. The hope is that later the due delivery results will benefit the two parties, of course we will run," he said.

Regarding the clarity of the picture of this PLTU transition, according to him, it will be seen in the first quarter of 2023, including if there is a change in value.

"Now it's still running apart from due delivery for the economy, we also see the regulations because we have to be in contact with other parties, so we are still in the process. We hope that at least in the first quarter there can be a clear picture," he concluded.

Previously reported, PT PLN (Persero) was determined to realize early retirement by PLTU by acquiring ownership of PLTU Pelabuhan Ratu.

It is known, the transition value of the PLTU, which is located in West Java, reached 800 million US dollars or equivalent to Rp. 12.37 trillion.