Korean firm to invest in energy sector in South Sumatra
Tuesday, March 1 2016 - 04:22 AM WIB
"The company will build a gas pipeline and coal-fired power plant (PLTU)," a senior provincial administration official A. Yaniarsyah said on Monday as quoted by Antaranews.com, but did not disclose the identity of the company.
The 200-kilometer-long pipeline will stretch from the Jambi border to the Banyuasin KEK, while the PLTU, with a capacity of 2x115 megawatts, will be used to meet the energy demands of the region.
Yaniarsyah stated that such projects will be developed based on the agreement signed between the Korean and local companies.
The projects are aimed to boost the development of the KEK and to attract more investors.
South Sumatra Governor Alex Noerdin had earlier underscored the importance of building projects in the energy sector to develop the KEK.
Therefore, a regional company owned by the South Sumatra provincial government has intensified cooperation with its foreign counterparts to develop the energy sector projects.(*)