Paiton to build another power plant

Paiton to build another power plant

JAKARTA: PT Paiton Energy will build another coal-fired power plant with a capacity of 800 megawatts in November to boost its power generating capacity in East Java, the Antara news agency reports.

"The construction of the third plant will take three years," Syakib Bafagih, a director with Paiton, said in the report.

Paiton has been operating two plants in Paiton village in East Java with a combined capacity of 1,200 MW.

The company sells the electricity to power utility PT Perusahaan Listrik Negara, which in turns sells electricity to end users.

Paiton is jointly owned by affiliates of Edison Mission Energy, Mitsui & Co., General Electric Capital Corp.and Indonesia's PT Batu Hitam Perkasa. --Dow Jones