Pelindo III, AKR plan 660 MW coal-fired power plant

Friday, February 12 2016 - 01:30 AM WIB

By Febry Silaban

State-owned port operator PT Pelindo III and IDX-listed logistics and supply chain company PT AKR Corporindo Tbk are planning to build coal-fired power plant with a capacity of 2x330 MW in Gresik, East Java.

?The tender plan for the project will be commenced by AKR this year,? Director of Operations & Business Development of Pelindo III, Rahmat Satria told Petromindo.com Thursday.

Last year, it was reported that both companies have allocated Rp 1.03 trillion to develop basic infrastructure at the Java Integrated Industrial and Port Estate (JIIPE) in Gresik. JIIPE has a total area of 2,933.2 ha comprising of industrial estate (1,761.40 ha), residential area (765.77 ha), and port area (406.10 ha).

The industrial and port areas are managed by a joint venture between AKR and Pelindo III, with respective ownership of 40%-60% for the port and 60%-40% for industrial area.

Editing by Reiner Simanjuntak

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