Chinese power firm, PTBA set up joint venture

State-owned coal producer PT Bukit Asam (PTBA) will team up with Chinese electricity company China Huadian Hongkong Company Ltd. to build and operate a coal-fired power plant in South Sumatra.

“The joint venture will be engaged in the production of electricity,” PTBA said in an announcement submitted to the Indonesia Stock Exchange (IDX) on Friday.

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Posted September 11, 2012 by repit in News

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