Indonesia Power, UK firm on used generators business: Report
Tuesday, February 19 2002 - 12:43 PM WIB
"The business is the first of its kind in Southeast Asia, and we established cooperation with CESS Ltd, of Britain, at the end of November 2001," IP international business senior manager Bambang Priyambodo was quoted as saying by the wired on Monday.
He said the first stage transactions, including consultations, will cost US$7,200 per year. This type of business merely expects a fee from the buyers and the sellers. The higher the transaction, the lower the fee, and the other way around.
A transaction worth less than $5 million, for instance, will be subject to a fee of 3.5-5 per cent, he said.
In terms of investment, it was much more cost effective to by used components to set up power plants, especially in Indonesia, where electricity tariffs have been raised.
The savings potential of using used machines, he added, will vary from 30 to 60 per cent.
CESS (Combustion Energy & Steam Specialist), he said, is widely known as a specialist appraisal and marketing agency for used business plants with total transactions of 167 machines, equivalent of 9,273 MW, in the last six years. (*)