KEPCO eyes investment in RI power plant

Mon, 11 Oct 2004 | Source: AFP

JAKARTA: South Korea's state-owned Korea Electric Power Corp. (KEPCO) is considering investing in the construction of a 350 million dollar steam power plant in Indonesia, a top official said on Sunday.

Eddie Widiono, the president of Indonesia's state electricity company PT. Perusahaan Listrik Negara (PLN), said KEPCO had expressed an interest in building the plant near a planned PLN liquefied natural gas terminal in Cilegon, Banten province.

The power plant will have a capacity of 740 MegaWatts and is expected to operate in 2009.

The LNG terminal receiver currently being built in Cilegon will have an initial capacity of about 400 million cubic feet of gas per day and is expected to begin operation in 2007-2008, officials have said. --AFP

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