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Wednesday, November 28, 2007

Indonesia`s Dayaindo to invest US$45 mln in power plant

Jakarta (ANTARA News/Asia Pulse) - PT Dayaindo Resources Internasional (JSX:KARK) said it will invest US$45 million in a steam powered electric generating project in 2008.

The power plant will support the company's new business in the coal mining sector, corporate secretary Haris Anwar said. Mr Anwar said other companies are also expected to use electricity generated by the power plant.

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