JAKARTA. Numbers of issuers are pursuing revenues from electricity projects this year. PT Tambang Batubara Bukit Asam (PTBA) expects to continue the project of Steam Electric Power Plant (PLTU) South Sumatera 8 Mine Mouth. The US$1.6 billion worth of power plant can generate 2x620 megawatt (MW) electricity power. PTBA is now waiting for the revision on agreement of the installment of undersea Sumatera-Java high voltage direct current (HDVC) between PTBA and State Power Company (PLN). According to Corporate Secretary of PTBA Adib Ubaidillah, the revision will focus on the delivery of letter of intent of HDVC from PLN to PTBA. The revision will relax the development process of PLTU South Sumatera 8.
Issuers pursue revenues from power plant projects
JAKARTA. Numbers of issuers are pursuing revenues from electricity projects this year. PT Tambang Batubara Bukit Asam (PTBA) expects to continue the project of Steam Electric Power Plant (PLTU) South Sumatera 8 Mine Mouth. The US$1.6 billion worth of power plant can generate 2x620 megawatt (MW) electricity power. PTBA is now waiting for the revision on agreement of the installment of undersea Sumatera-Java high voltage direct current (HDVC) between PTBA and State Power Company (PLN). According to Corporate Secretary of PTBA Adib Ubaidillah, the revision will focus on the delivery of letter of intent of HDVC from PLN to PTBA. The revision will relax the development process of PLTU South Sumatera 8.