Tata Steel eyeing power plant project in Indonesia

One of the world's top steel Industry players, Tata Steel, is considering investing in electricity generation in Indonesia, says an official as qouted by The Jakarta Post.

Speaking to reporters after a meeting with Vice President Jusuf Kalla in Jakarta on Thursday, Tata Steel director for Southeast Asia Oo Soon Hee said the company would carry out a feasibility study to invest in power plant projects.

The plan, he said, was part of Tata's goal to invest in many sectors in Indonesia. The company, he said, had other expertise besides steel production such as chemical engineering and power generation.

So far, Tata has invested in Indonesia's coal industry. (*)