Jakarta (ANTARA News/Asia Pulse) - Indonesia's state-run power firm PLN had signed two engineering procurement contracts worth US$888.4 million with Chinese companies for the construction of coal-fired power plants, local press said Saturday.
The first contract worth US$642 million was signed Friday for the 700-Megawatt Tanjung 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 US$247.4 million 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 plant starting commercial operations in October 2010 and the second in January 2011.
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