People's Daily (Beijing) - The Indonesian government has launched the construction of two power plants in North Sumatra financed by several export financing institutions from China, a report said Friday.

The first power project is the 2x115 MW Labuhan Angin coal- fired power plant, located in Central Tapanuli regency. The construction cost is estimated at more than 201 million U.S. dollars.

PT Cimex, a joint venture between local firms and Chinese companies, has been selected as the contractor of the project, which is expected to be completed in 2008, reported The Jakarta Post newspaper.

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Posted by rjorr at July 14, 2006 12:08 PM