Pirelli wins RI project

Tue, 05 Aug 1997, 00:00 WIB | Source: REUTERS

MILAN (Reuter): Pirelli's cables division announced yesterday
that it had won a contract as part of a consortium to build a new
submarine power system linking the islands of Java and Bali in
Indonesia worth in total $40 million.

Pirelli Cables and Systems is in a consortium led by PT
Dwipangga Sakti Prima and also GT Kabel Indonesia of the Gajah
Tunggal Group. GT Kabel is already Pirelli's partner in a joint
venture established in 1995 to produce cables near Jakarta.

The contract was awarded by PLM, Indonesia's national public
electricity board, and the new system is expected to be
operational by January 1998.

View JSON | Print