ABNR Advises Geo Energy Resources on USD 151-million Coal Road and Port Deal
ABNR advised Singapore-based coal company Geo Energy Resources group, as project owner and guarantor, on their recently signed agreement for the USD 151-million development of an approx. 92 km coal-haul road that traverses South Sumatra and Jambi provinces, Indonesia, and a 7500 dwt coal loading berth located in South Sumatra province.
Under the agreement, the new infrastructure will be designed and developed by a consortium consisting of PRC-based CCCC First Harbor Consultants Co., Ltd., and NORINCO International Cooperation Ltd. (contractor).
The project aims to transport 40 million tons of coal per year via the road and 15 million via the jetty.
The ABNR team advising on the transaction was jointly led by partner Mr. Freddy Karyadi and of-counsel Ms. Rita Taufik, and included partner Mr. Mahatma Hadhi, senior associate Ms. Kartika Lestari and associate Mr. Rizal Harahap.
More Legal Updates
- 04 Dec 2025 ABNR Advises on Indonesian Legal Aspects of Infinity Development Holdings’ Singapore IPO
- 24 Nov 2025 The Fourth Amendment to the SOE Law: Institutional Realignment and Strategic Reform
- 18 Nov 2025 At long last: Indonesia is set to issue a landmark crypto offering regime
- 14 Nov 2025 ABNR Advises Telkom Indonesia on USD 2.16 Billion Partial Spin-Off of Its Wholesale Fiber Connectivity Business and Assets
- 11 Nov 2025 ABNR Proudly Supports OSL Group’s Expansion into Indonesia’s Digital Financial Asset Markets through Its Acquisition of Koinsayang
- 10 Nov 2025 Electricity Infrastructure Acceleration: What’s New in PR 89/2025
NEWS DETAIL
26 Aug 2024
ABNR Advises Geo Energy Resources on USD 151-million Coal Road and Port Deal
ABNR advised Singapore-based coal company Geo Energy Resources group, as project owner and guarantor, on their recently signed agreement for the USD 151-million development of an approx. 92 km coal-haul road that traverses South Sumatra and Jambi provinces, Indonesia, and a 7500 dwt coal loading berth located in South Sumatra province.
Under the agreement, the new infrastructure will be designed and developed by a consortium consisting of PRC-based CCCC First Harbor Consultants Co., Ltd., and NORINCO International Cooperation Ltd. (contractor).
The project aims to transport 40 million tons of coal per year via the road and 15 million via the jetty.
The ABNR team advising on the transaction was jointly led by partner Mr. Freddy Karyadi and of-counsel Ms. Rita Taufik, and included partner Mr. Mahatma Hadhi, senior associate Ms. Kartika Lestari and associate Mr. Rizal Harahap.