Nusantara to develop hydro power plant in W. Sulawesi
Tuesday, September 29 2015 - 01:23 AM WIB
IDX-listed PT Nusantara Infrastructure Tbk through subsidiary PT Energi Infranusantara signed Monday an agreement with two foreign firms to develop a 127 MW hydro power plant in North Mamuju, West Sulawesi.
President Director of PT Energi Ruswin Natsir said in a statement that the two foreign firms were Norway?s SN Power and Philippines? Aboitiz Power.
Total investment for the planned project is estimated at US$376 million. (*)