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The two company has established a joint venture company PT Kaltim Supacoal to run the factory.
Construction of the US$68 million coal upgrading plant the first of its kind in Indonesia with a capacity of 1 million tons of clean coal a year has been completed.
The factory will upgrade the quality of coal of low calorific value reducing sulfuric and ash content, a company director Jeanny Quantero said.
The capacity of the factory will be increased to 15 million tons a year, Quantero told the newspaper Investor Daily.
Bayan also plans to build a steam powered electric plant with a capacity of nine megawatts in the same location, Quantero added.
(ANTARA)
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