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Monday, January 18, 2010

Bakrie Group to Develop Power Plant Project

Tempo Interactive, Monday, 18 January, 2010 | 19:34 WIB

TEMPO Interactive, Balikpapan: East Kalimantan Governor Awang Faroek has said that Bakrie business group plans to work on a power plant project and the Balikpapan-Samarinda toll road construction.

”For the electricity project there will be a Rp2.4 trillion investment,” said Governor Awang in Balikpapan, East Kalimantan, yesterday.

This total investment does not include the toll road construction.

The power plant project, said Awang, will use coal supplied from the Bumi Resources mine at East Kutai.

The power plant is projected to supply 2 x 100 megawatts of electricity.

The electricity supply from the new power plant could solve the electricity deficit from the Mahakam power plant, which is down to 20 MW.

The toll road construction, Awang continued, will also be a project the Bakrie Business group is interested in.

The 85 kilometer road is expected projected to cost Rp4.2 trillion.

Investors will bear half of the total investment while the rest will be obtained from the central and the regional budget.

sg wibisono

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