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PT Bayan Resources Tbk Signs Agreement With GNPower Mariveles Coal Plant Ltd. Co.-The Jakarta Post


Friday, 25 Jan 2013 07:00pm EST 

The Jakarta Post reported that PT Bayan Resources Tbk has signed an agreement on coal sales with Philippine-based GNPower Mariveles Coal Plant Ltd. Co. Under the agreement, the Company will supply 1.5 million metric tons of coal to GNPower. The agreement will be valid for 12 years starting from 2016 and will depend on GNPower's financial closure of its project by December 31, 2013. 

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