| Indonesia signs $889 mln power contracts with Chinese firms |
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| Tuesday,April 29,2008 Posted: 10:21 BJT(0221 GMT) |
| From:www.chinaview.cn Article type:Reproduced |
JAKARTA, April 26 (Xinhua) -- Indonesia's state-run power firm PLN has signed two engineering procurement contracts worth 888.4 million U.S. dollars with Chinese companies for the constructions of coal-fired power plants, local press said Saturday.
The first contract worth 642 million dollars was signed Friday for the 700-Megawatt Tanjugn Awar-Awar plant in East Java with a consortium of China National Machinery Equipment Corp. (Sinomac), China National Electric Equipment (CNEEC) and local firm PT Penta Adi Samudra.
PLN also signed another contract worth 247.4 million dollars for the 200-MW Nagan Raya plant in Aceh with China's Sinohydro Corp, reported leading newspaper The Jakarta Post.
PLN President Director Fahmi Mochtar said the projects would run for two years with the first unit of the plant starting commercial operation in October 2010, followed by the second in January 2011.
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