Fri, 13 Oct 2006
Astra International Aiming at Electricity Power Generating Plant Projects
Thursday, 12 October, 2006 | 15:26 WIB

TEMPO Interactive, Jakarta: PT Astra International Tbk is targeting several of electricity generating plant and toll road projects that the government is going to offer.

This automotive company is actively expanding into various business divisions such as banks and mines.

Richard Santosa, spokesperson of Astra International, said that the company is still looking at various projects that the government will offer at the Infrastructure Summit in early November this year.

“We will obtain some of the projects by taking opportunity of this event,” he said two days ago in Jakarta.

However, the certainty of Astra's investment at the electric generating plant project mostly depends on the decisions to be made and the proposals that the government will offer.

“It's still a possibility,” he said.

According to Richard, PT Pamapersada Nusantara, an Astra subsidiary in the mining sector, is preparing to work on the electricity generating plant project.

The company is considered as experienced in supplying coal for electricity generating plants.

As reported, the government is boosting infrastructure development such as toll roads, airports, harbors and electricity generating plants.

In the Infrastructure Summit II, the government plans to offer two electric generating plants valued at US$1.275 billion.

The projects are the 2x600 megawatt Central Java coal fired power plant and the 1x500 megawatt Pasuruan combined cycle power plant with.

In addition to the electricity generating plants, the government will offer several toll roads projects including the 60-kilometer Medan-Kuala Namu-Tebing Tinggi and the 165-kilometer Solo-Kertosono.

Richard said that Astra is also targeting several toll roads projects that the government will offer.

As the biggest player in the automotive industry, Astra is certainly interested in keeping transportation access uninterrupted.

It is planned that PT Astratel Nusantara, an Astra subsidiary, will work on these projects.

However, Richard avoided commenting on the possibility that Astra would cooperate with Khazanah (Malaysia) to work on these projects.

“No comment,” he said.

Some time ago, an Khazanah executive said that he was targeting toll road projects in Indonesia with a local partner.

Yuliawati



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