Semen Gresik predicts higher power plant cost

The nation’s largest cement producer, PT Semen Gresik, says that the completion of its power plant project in Pangkep, South Sulawesi, will be delayed due to bad weather and manpower limitations.

In a file submitted to the Indonesia Stock Exchange (IDX) on Tuesday, Semen Gresik said that its 2×35 megawatt (MW) coal power plant would be completed by the second quarter of 2013, a delay from the initial target of the third quarter of this year.

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Posted September 21, 2012 by repit in News

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