Malaysian investor to build power plant in north Sumatra
Oct 15, 2004 02:00 AM
Malaysia's Asahan Power Corporation will build a 2x160 MW gas-fired power plant in the regency of Asahan in
Indonesia's North Sumatra.
Company Director Wahid Al bin Kassim Ali said that as power in North Sumatra is in short supply, there is bright
prospect for the investment.
The Asahan regent offered the project to Asahan Power Corp, Wahid said after signing a memorandum of understanding
with state-owned gas company PGN for gas supply. He said his company has sought cooperation with Islamic Bank
Malaysia in financing the project.
A German firm will begin construction of the plant in 2005 and the project is expected to be completed and
operational by the end of 2006, he said.
Source: AsiaPulse
