IEV gets CNG supply tender from Indofood
Thursday, February 27 2014 - 03:13 PM WIB
By Ruli Setiawan
SGX-listed IEV Holdings Limited, a provider of integrated engineering solutions and clean energy solutions, announced on Thursday that its subsidiary, PT IEV GAS has been selected by PT Indofood CPB Sukses Makmur Tbk as the winner of a tender for the supply of compressed natural gas (CNG) to the latter?s Noodle Division and Nutrition & Special Food Division manufacturing plants in Padalarang, West Java.
IEV Gas will enter into further negotiation with Indofood and a formal Gas Sales Agreement (GSA) is expected to be executed in due course. Meanwhile, preparation work is in progress for gas supply to commence in March 2014, the firm said in a statement.
Editing by Johannes Simbolon