Geo Energy to jointly develop coal-fired power plants in Indonesia

INTEGRATED coal-mining group, Geo Energy Resources, has entered into an agreement with China Nuclear Industry 22nd Construction (CNI22) to jointly develop coal-fired power stations in Indonesia.

CNI22 is a diversified Chinese state-owned enterprise with businesses including nuclear power projects, civil projects construction, power plant projects, and the import and export of goods and technology.

Under the cooperation agreement, Geo Energy and CNI22 have agreed to cooperate on a non-exclusive basis for a period of two years.

Geo Energy will be responsible for procuring projects for constructing, operating and managing the power stations in Indonesia, as well as for obtaining all government permits required for such projects.

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Posted February 10, 2015 by repit in News

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