Adaro Power sets far-reaching target of 20,000 MW power plants

Electricity firm PT Adaro Power, part of publicly listed coal miner PT Adaro Energy, aims to participate more in power plant tenders arranged by state-owned electricity company PT PLN next year to boost its expansion.

The participation would be a part of the company’s efforts to reach its long-term target of building more power plants with a total capacity of 20,000 megawatts (MW) from 2012 until 20 years ahead, Adaro Power CEO Mohammad Effendi said on Tuesday.

Effendi said Adaro Power would aim for at least 40 percent from around a 4,000-5,000 MW tender planned by PLN next year in conjunction with the development of the company’s current and future projects.

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Posted November 20, 2014 by repit in News

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