Indika acquires 42% shares of PLTU Cirebon developer

PT Indika Energy Tbk (INDY) said it has acquired 42 percent shares of PT Cirebon Energi Prasarana, the developer of Cirebon coal-fired power plant (PLTU Cirebon) from PT Bayu Inti Permata for undisclosed value.

Indika bought the shares through its subsidiary PT Prasrana Energi Cirebon, Indika said in a statement.

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Posted October 13, 2015 by repit in News

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