Antam To Make a Construction Tender for Power Generator Using Alternative Energy

Monday, December 11, 2006 11:12 WIT

Jakarta (IOGNews) : PT Aneka Tambang Tbk (Antam) will make tender on construction to build power generator using alternative energy on year 2008. This steps in line with the company’s plan to shift the usage of oil fuel to other alternative energies.

Antam’s Operational Director, Alwin Syah Loebis stated that his company is currently studying on which alternative energy that might be used to replace oil fuel in order to reduce cost and overcome the oil fuel deficit problem in the future. Presently, oil fuel cost reaches 30%-45% of total company’s production cost. In 2007, the company is expected to reach a decision as to what type of alternative energy that will be used. In 2008, the construction will commence and in 2009, the generator will fully operate.

The alternative energy under consideration are to build water-based power generator, gas-based power generator or steam-based power generator.