South Korean firms to invest in power generation

South Korean companies are looking to invest in the electricity sector in Indonesia.

According to head of the Investment Coordinating Board (BKPM) Franky Sibarani, a South Korean state-owned electricity company revealed its interest in joining the tender for power generation projects in Banten and West Java during a private meeting with Vice President Jusuf Kalla in Seoul, South Korea.

Each of the power plants will have a capacity of 2,000 megawatts with total planned investment to reach Rp 80 trillion (US$5.67 billion).

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Posted September 1, 2015 by repit in News

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