Coal miner PT ABM Investama Tbk ABMM.JK , through its unit PT Sumberdaya Sewatama, plans to invest between $600 million and $700 million over the next five years, said Director Yovie Priadi, as quoted by Bisnis Indonesia.

The firm will develop 5 to 10 steam power plants with a total capacity of 400 megawatts and also renewable energy projects

Note: Reuters has not verified this story and does not vouch for its accuracy.

(Compiled by Jakarta Newsroom; Editing by Sunil Nair)

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Keywords: INDONESIA PRESS/ABM INVESTAMA