Tata Power, which holds 30% of PT Kaltim Prima Coal (KPC), has announced that the Indonesian government has granted a special mining permit to PT KPC for an initial period of 10 years. The period can be extended beyond its initial end date of 31 December 2031 by provisions of the applicable regulations.

This permit will help Tata Power, India’s largest integrated power generation company, reduce exposure to fluctuations in imported coal prices and ensure supplies for its thermal power plants. 

Source: Tata Power