Semen Gresik to build 400 MW coal-fired power plants
Saturday, October 6 2007 - 01:02 AM WIB
Publicly-listed cement maker PT Semen Gresik Tbk is planning to build low calorie coal-fired power plants with a combined capacity of about 400 megawatts to meet power demand from its three plants. Antara news agency reported.
"The power plants will be built in stages in the locations of our factories in Tuban (East Java), Indarung (West Sumatra) and
The construction of three power plants would cost US$450-500 million which would originate from the company`s funds and loans from financial instutitions, he said.
"Power demand from our plants will be getting larger, while power supplies from state electricity company PLN are far from enough. What is more, we are also planning to build new plants which will need fairly large power supplies," he said.(*)
