Common Contracts
1 similar Coal Sales Contract contracts
BLACKGOLD NATURAL RESOURCES LIMITEDCoal Sales Contract • December 1st, 2016
BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, collectively, the “Group”) refers to the circular to shareholders of the Company dated 30 December 2014 (the “Circular”). As disclosed in the Circular, in December 2014 the Group was awarded the tender to supply coal to the Indonesian state-owned electricity company, PT Perusahaan Listrik Negara (“PT PLN Persero”), in respect of the PT Tenayan project which is a new 2 x 110 MW power plant in Riau Province, Indonesia. The Group is pleased to announce that it has now agreed terms with PT PLN Persero and, on 1 December 2016, through its subsidiary, PT Samantaka Batubara (“PT SB”), signed a sales and purchase contract (the “Coal Sales Contract”) in respect of this award.
