Back
PTBA - Tambang Batubara Bukit Asam

PTBA — To strengthen commitment to carbon trading

18 September 2024

PTBA — To strengthen commitment to carbon trading Bukit Asam’s (PTBA) subsidiaries, Huadian Bukit Asam Power (HBAP) and Bukit Pembangkit Innovative (BPI), have signed a MoU to strengthen their commitment to carbon trading. This initiative aligns with PTBA's efforts to support sustainable growth and the government's carbon reduction goals. Through this partnership, PTBA aims to enhance carbon management across its subsidiaries, adhering to Indonesian regulations on carbon trading. Both HBAP and BPI operate major coal-fired power plants, including the Sumsel-8 plant, the largest in Southeast Asia, equipped with technology to reduce emissions. (Source : Bisnis Indonesia)

Related Research

Mining
PTBA - Expect higher profit in 2H24
Benyamin Mikael 15 August 2024 See Detail
Mining
PTBA - Sector Headwinds Limit Re-rating Potential
Laurencia Hiemas 21 May 2025 See Detail
Mining
PTBA - Enjoying the ride
Devi Harjoto 31 August 2022 See Detail