Techint, partner to resume material handling project at Tanjung Jati B
Thursday, January 15 2004 - 02:25 AM WIB
?The contract signed in 1997 was frozen one year later due to the Indonesian financial crisis and most of the already manufactured components were kept in a special warehouse in Italy,? Techint said recently.
According to Techint, the two shipunloaders have an outreach of 35 meters, a rope load of 30 tons and can unload ships up to 70.000 DWT. The stacker/reclaimers have a boom length of 40 meters, a stacking capacity of 1500 tph and a reclaim capacity of 1000 tph.
Techint Technologies machines are now ready for shipment and their start-up is scheduled for middle 2004, the company added.
Construction of the 200-billion yen power project was restarted in August last year, after the former investor Hopewell agreed to sell its stake in the power plant to Sumitomo Corp for US$306 million in cash.
The 2x660 MW power plant is scheduled to start supplying power in 2006 and it will operate by a wholly owned Sumitomo subsidiary, PT Central Java Power (CJP).
According to Sumitomo, CJP will then enter into a 20-year long-term lease with state-owned electricity firm PLN, under which PLN will be responsible for the operation and maintenance of the power plant during the lease period.(robert)