Samindo Resources is a prominent investment holding corporation and also a public listed company in Indonesia, engaged in integrated coal mining services industry. As an integrated coal mining service company, we deliver the service that can provide solutions in every stage of coal mining operation.
The scope of Samindo Resources business includes four main activities in an integrated coal mining process. The company owns the majority of shares in four subsidiaries and operates two mining concessions in the province of East Kalimantan.
Samindo Resources shares are owned by various leading entities. Our goal is to create shareholder value in the long run by ensuring that we always stride for better performance.
Good Corporate Governance (GCG) is a reference for companies in running their daily operations to ensure that their operations are well manage. In line with the increased activity undertaken by PT Samindo Resources Tbk, the application of GCG principles is also increasing.
The practice of Corporate Social Responsibility (CSR) has the primary purpose of ensuring that the social interests of various stakeholder groups of Samindo Resources can be fulfilled appropriately and proportionately, especially for people living around the Company’s working environments.
Bisnis.com, JAKARTA - PT Samindo Resources Tbk. (MYOH) expanded to enter the renewable energy business through the construction of solar power plants. The company is targeting 3 projects in Sumatra.
Kim Jung Gyun, President Director of MYOH said Samtan Group wants to build a new business in Indonesia in the power sector through Samindo Resources.
Electricity sector is meant for coal-fired steam power plant, mine mouth power plant, and solar power plant (PLTS). The reason, he revealed if the group also has the ability in the field of development of the PLTS.
"Therefore, we also participate in this PLTS tender," he said on Wednesday (26/7/2017).
Former Director of Marketing Samtan Co. Ltd., stated that the company is very interested in renewable energy, as well as with the group. Although, he added, the development of PLTS is still facing the challenge of the project economy.
However, MYOH believes that in the next 20 years, the opportunity to utilize renewable energy in Indonesia is very good and gradually the problem of project economy will decrease.
Meanwhile, Director of Marketing MYOH Lee Young Soo confirmed if the company is very interested to enter the PLTS business. Therefore, when a tender from PT PLN (Persero) some time ago, the company immediately took part.
"So we're still waiting for that. In the tender we joint with other South Korean companies. But this [partner] is not part of the group, "he said.
He revealed that of the six projects offered by PLN in the PLTS tender in Sumatra, the company is targeting three projects with total capacity below 100 megawatts (MW).
According to him, the need for funds to build PLTS of US $ 1 million per MW. However, to produce 1 MW of photovoltaic PLTS it takes approximately 1.5 hectares of land.