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| Coal - Mainstay of Energy: SPML's foray into the new energy sources |
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| Coal Mining Company: PT Bina Insan Sukses Mandiri (BISM) |
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| Shareholding: |
Subhash Kabini Power Corporation Ltd - SKPCL (Option - 10%)
PT Sanmati Natural Resources (35.64%),
PT Setenco Investa Niaga (37.36%),
Anton Rianto Group (17%) |
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| Acquisition year: 2008 | Commencement of Mining: June 2008 |
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| Location: |
Village Linggang Marimum, Kecamatan Mook Manor Bulatn,
Kabubaten Kutai Barat (Regent), Province – East Kalimantan |
| SPM Holdings Pte Ltd – 100% subsidiary of SKPCL |
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TOTAL RESERVE: 100 MILLION MT | GROSS CALORIFIC VALUE OF COAL: 5,200 TO 5,600 Kcal/kg
MINING AREA: 5000 HECTARES
COAL TERMINAL (FACILITIES & JETTY): PRESENT CAPACITY OF HANDLING 2.5 MT OF COAL PER ANNUM
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| Ancillary Companies |
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| PT Vardhaman Mining Services |
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| Area of Operation |
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Undertake mining and selling of coal
extracted from BISM’s exploitation Area |
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| Shareholding |
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SPM Holdings Pte Ltd., (45.65%)
EMCO Overseas Pte. Ltd., (37.35%)
Anton Rianto (10%) and Evi Kristina (7%) |
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| Operate and expand the Coal terminal (Jetty)
owned by BISM & provide terminal services
to other mining Cos., in the Area |
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SPM Holdings Pte Ltd., (26%)
EMCO Overseas Pte. Ltd., (21%)
PT Sanmati Natural Resources (1.5%)
PT Setenco (1.5%)
Anton Rianto (50%) |
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Has entered in to a long term coal off take
agreement with BISM undertaking to
purchase all the coal excavated from the
exploitation area of BISM |
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SPM Holdings Pte Ltd., (45.65%)
EMCO Overseas Pte. Ltd., (37.35%)
Anton Rianto (10%) and Evi Kristina (7%) |
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