ABB to lead $65m project in Indonesia

ABB to lead $65m project in Indonesia

A consortium led by power and technology company ABB Ltd. has signed a US$65 million contract with the Indonesian government to build a 309 kilometer power line on the main island of Java, ABB said Friday.

ABB said its portion of the contract is worth about $32 million. The company will lead the consortium and provide engineering, design, project management, supply management and logistics.

The order is scheduled for completion within 24 months and includes 750 towers, ABB said. The line is part of the extension of the 500-kilovolt ultrahigh voltage grid linking new power plants in eastern Java to cities including Jakarta.

The Japan Bank of International Cooperation is financing the project, ABB said. --Dow Jones