Indonesian Political, Business & Finance News

Power plant attracts seven investors

| Source: JP

Power plant attracts seven investors

PALEMBANG, South Sumatra: Seven foreign and domestic investors
have expressed their interest in the government's plan to build a
gas and steam powered power plant in the province, South Sumatra
Governor Syahrial Oesman said on Thursday.

Out of the seven, four had signed a memorandum of
understanding that they would put money into the project,
Syahrial said.

The province was a sensible place to locate the plant as it
was a producer of coal, the main fuel of the plant, he said. --
JP

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