Asia Tiger, IFI to build power plant in Indonesia

Tuesday, September 2 2008 - 03:21 PM WIB

SGX-listed firm Asia Tiger Group Limited announced Tuesday that its subsidiary Industrial Power Technology Pte.Ltd has signed a Letter of Intent with PT Indonesia Fiberboard Industry (IFI) to build a 15-MW mixed co-generation power plant in Indonesia with investment of S$19.3 million.

The company did not give further detail. (alex)

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