Resource Alam: Construction of micro hydro power project reaches 50%

By Thomas Sembiring

IDX-listed coal mining firm PT Resource Alam Indonesia Tbk said that construction progress of its 2x3.2 MW micro hydro power plant project in Citatih, Sukabumi, West Java Province, has reached 50 percent.

?We?re now completing the water way,? said Agoes Soegiarto, Finance Director of the company, to Petromindo.com on Tuesday, adding that the power plant project is now targeted for completion in the fourth quarter of next year.

Resource?s Alam indirect subsidiary PT Bias Petrasia Persada is developing the estimated US$14.2 million power plant project.

Editing by Reiner Simanjuntak