PT PLN PERSERO TO COMMENCE PROCESS OF SIGNING 6 POWER PURCHASE AGREEMENTS FOR MINE-MOUTH POWER PLANTS
Singapore, 9 June 2017 – BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) refers to the Company’s announcements on 28 December 2015 in relation to its participation in a bid to provide electric power to PT PLN (Persero) (“PLN”) through a joint cooperation with China Huadian Engineering Co., Ltd., for the development, construction, operation and maintenance of a 2x300 MW coal-fired power plant in Riau province, Indonesia (the “Riau-1 Project”).