Ras al Khaimah has been granted a licence to operate a special-purpose, 120km rail line in Indonesia, as part of its plans to source coal for a power plant it is building in the emirate.
The first phase of the 1,000 megawatt (Mw) coal-fired power plant is due to be built in the next two years and requires planners to secure a stable and consistent supply of coal to ensure the plant’s reliability.
In addition to buying coal mines in East Kutai, in Indonesia’s East Kalimantan province, RAK entities are also building the railway at a cost of up to US$600 million (Dh2.2bn) to transport coal from the mines down to a jetty for export. East Kutai awarded the licence to a subsidiary of RAK Minerals and Metals Investments (RMMI), a unit of the Ras al Khaimah Investment Authority (RAKIA).
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