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Saturday, January 19, 2008

India to build power plant in Jambi

JAMBI (Jakarta Post) : Indian energy and mining company India Monnet Ispat and Energy Ltd. confirmed its readiness to construct a 500 megaWatt steam-generated power plant to supply electricity to Sumatra.

Monnet Ispat's president director Sukesh Vij said the project would start this year if the company gained a guarantee of coal supply from the government.

"We are interested in the project because the province has a great coal deposit," he said after a meeting with Jambi governor Zulkifli Nurdin here Friday.

With the project relying on the coal supply from Bungo and Sarolangun regencies, Jambi was expected to sell its power to other provinces such as West Sumatra, South Sumatra and Bengkulu.

The governor said India should build the power plant immediately to show its seriousness in investing in the resources-rich province.

Sarolangun regent Hasan Basri Agus said the regency was estimated to have 339 million tons in coal deposits, enough to supply raw materials to the power plant for 20 years.

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