The Punj Lloyd Group Company Sembawang Engineers and Constructors (Sembawang), one of the leading engineering, procurement and construction companies in Singapore, has through its subsidiary Sembawang Development signed an agreement to acquire a 50 per cent stake in a thermal coal mine company in Central Kalimantan, Indonesia.The mining company holds a coal Izin Usaha Pertambangan (IUP) license and is located in Barito Utara District, Central Kalimantan, Indonesia. The concession has currently estimated resources of 134 million mt and potential in situ reserves calculated at 57 million mt.
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