View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
October 22, 2009

Indonesian Coal Railway Gets Government Nod

The Indonesian Government has given approval to state-owned coal miner Bukit Asam to build a 307km coal railway on Sumatra Island. The railway will connect the company's coal mine in Central Bangko in South Sumatra to the port of Lampung on the southern tip of Sumatra island and will be

By cms admin

The Indonesian Government has given approval to state-owned coal miner Bukit Asam to build a 307km coal railway on Sumatra Island.

The railway will connect the company’s coal mine in Central Bangko in South Sumatra to the port of Lampung on the southern tip of Sumatra island and will be designed to carry 20 million tons of coal a year.

The project, expected to cost nearly $1.06bn, will be 30% funded by internal cash and 70% by loans.

Work will be carried out by a joint venture between Bukit Asam, Transpacific Railway and China Railway Engineering and is expected to finish by 2013.

Transpacific Railway leads the venture with an 80% stake, with the other two companies holding a 10% stake each.

China Railway will be the contractor for engineering, procurement, construction and operation of the project.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The railway industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Railway Technology