Jakarta - PT Indo Tambang Megahraya Tbk (ITMG) has set production and sales volume of 17.5–18.8 million tons and 20.5-21.5 million tons, respectively.

"Of the sales target, around 51% of the selling price has been set, 37% refers to the coal price index, while the remaining 12% has not been sold," said ITMG President Director Mulianto in a public expose presentation on Thursday (9/15).

He continued, "Currently, the coal mining sector, as the core business, contributes significantly to the company's revenue." The other two business fields are energy services and renewable businesses.

ITMG sees the opportunity for rooftop solar panels, whose needs are growing in the renewable business sector. PT Cahaya Power Indonesia (CPI), a subsidiary, has signed a solar power purchase agreement (PPA) with a total capacity of 7.27 MWp.

In addition, a solar power plant in Bontang port has also increased energy consumptio