Jawa Power asks for more time to submit Paiton bidding

Independent power producer PT. Jawa Power has asked state electricity firm PLN to delay bid submission deadline for development of 800-MW Paiton 3-4 coal-fired power plant expansion by another two months.

Jawa Power CEO Joachim Stender was quoted by Kompas daily as saying that the April 23, 2007 deadline set by PLN was insufficient since the company only received formal invitation from PLN on February 22, 2007.

PLN?s Director Nasri Sebayang, however, said that deadline extension would not be granted unless asked by all participants.

PLN has put Jawa Power and Paiton Energy Company in beauty contest to find developer for Paiton 3-4 power plant. Both Jawa power and Paiton are currently operating 1,220-MW and 1,320-MW power plants, respectively, in Paiton power complex in Situbondo, East Java.

The new plant is expected to cost US$800 million and would become onstream in 2011.

Jawa Power is controlled by German firm Siemens Ag, while Paiton is controlled by Japanese firm Mitsui. (*)