Local company to bid for power project
Local company to bid for power project
JAKARTA (JP): PT Inti Karya Persada Teknik (IKPT), a major
private engineering company, will contend with a foreign
consortium by bidding to construct a combined-cycle power plant
at Tambak Lorok in the Central Java capital of Semarang.
"We can offer a price level 20 percent lower than that offered
by a consortium of Japan's Sumitomo and General Electric of the
United States," IKPT's president, Raysoeli Moeloek, said here
over the weekend.
The Japanese-American consortium has offered to construct the
505-megawatt (MW) power project for US$394 million or around $756
per kilowatt.
The project is one of the three power plants offered by the
state electricity corporation PLN under a repeat order scheme
aimed at expediting their construction. The other two projects
are a 982-MW combined-cycle power plant at Muara Tawar in West
Java, whose construction is offered to a consortium of Asea Brown
Bovery (ABB) of Switzerland and Japan's Marubeni, and a 855-MW
combined-cycle power plant at Grati in East Java, which is
offered to Mitsubishi of Japan and Siemens of Germany.
Review
Moeloek was quoted by Bisnis Indonesia daily as saying that
IKPT's chairman, Mohammad Bob Hasan, will soon ask Minister of
Mines and Energy I.B. Sudjana, PLN president's Zuhal and
Coordinating Minister for Economy and Finance Saleh Afiff to
review the proposal by the Japanese-American consortium and at
the same time study IKPT's bidding.
"I believe we can compete against foreign companies in terms
of quality and price," Moeloek said.
He declined to explain IKPT's offering price for the project.
IKPT, owned by a consortium of five local entities -- Nusamba
Group, PT Wijaya Karya, PT Prama Matra Widya Engineering, PT Jasa
Ferrie Partners and PT Rakintam Nusa -- has experience in the
construction of large industrial plants. It is presently
constructing a natural gas liquefying plant in Bontang, East
Kalimantan, with a capacity of 2.3 million tons per annum.
A PLN spokesman, David Tombeg, told The Jakarta Post here on
Saturday that "PLN welcomes IKPT's initiative to get involved in
the power project."
However, he warned that PLN will never sacrifice quality to
get a cheaper price for the construction of its power projects.
Tombeg said PLN is now still waiting for final studies on the
three consortiums' proposals from a team assigned by President
Soeharto to evaluate their bids. (fhp)