JAKARTA: PT Dian Swastatika Sentosa (DSS), an energy and infrastructure business unit of Sinar Mas Group, and PT Golden Energy Mines (GEMS) will jointly build a US$400 million coal-fired power plant in South Sumatra
AKARTA: PT Dian Swastatika Sentosa (DSS), an energy and infrastructure business unit of Sinar Mas Group, and PT Golden Energy Mines (GEMS) will jointly build a US$400 million coal-fired power plant in South Sumatra.
DSS corporate secretary Hermawan Tarjono said in Jakarta on Friday that the mine-mouth Sumsel-5 coal-fired power plant would have two power generator units each with a capacity of 300 Megawatts.
The power to be produced by the plant will be sold to state-owned electricity company PLN.
He said that DSS and GEMS would soon sign a power purchase agreement with PLN.
“We plan that the construction of the plant will begin in 2012 and be completed in 2015,” he said, adding that the consortium would establish a special purpose company (SPC) to operate the company. “We expect the power plant to start its commercial operation in 2015,” he said.
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