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Thursday, September 30, 2010

Indonesia`s Jakarta Industrial Estate to build US$130 mln plant

Antara News, Thursday, September 30, 2010 13:53 WIB

Jakarta (ANTARA News/Asia Pulse) - PT Jakarta Industrial Estate Pulogadung (JIEP), said it would start building a 130-megawatt power plant for its own use this year.

Agus Dwitarto, the president of the company, which is owned by the Jakarta city administration, said the US$130 million project will be discussed with a number of Japanese partners next month.

The power plant will likely use gas for fuel to be supplied by state gas distributor PT Perusahaan Gas Negara (PGN, JSX:PGAS), Dwitarto said. Construction of the project will be carried out by phases with the first and second phases each with a 40-MW capacity and third phase having a capacity of 50 MW.

The project to be completed by the end of next year will guarantee power supply to all tenants of the industrial estate.

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