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Article: Indonesia launches China-financed power projects

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Xinhua News Agency
Article date:
July 14, 2006
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Indonesia launches China-financed power projects

JAKARTA, July 14 (Xinhua) -- The Indonesian government has launched the construction of two power plants in North Sumatra financed by several export financing institutions from China, a report said Friday.

The first power project is the 2x115 MW Labuhan Angin coal- fired power plant, located in Central Tapanuli regency. The construction cost is estimated at more than 201 million U.S. dollars.

PT Cimex, a joint venture between local firms and Chinese companies, has been selected as the contractor of the project, which is expected to be completed in 2008, reported The Jakarta Post newspaper.

The second project is the 2x90 MW Asahan I hydro ...

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