Update 1: China?s CNTIC and Harbin win Suralaya and New Paiton power projects

Friday, December 8 2006 - 11:13 AM WIB

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State owned electricity firm PT Perusahaan Listrik Negara has named the China National Technical Import and Export Corp (CNTIC) consortium and Harbin Power Engineering as winners of the tender to build two coal fired power plants that are part of the government?s 10,000 MW fast track power plant projects.

The CNTIC consortium won the contract to build the Suralaya (Banten 1) power plant in Banten, while Harbin was named the winner of the contract to build the New Pation (Jatim 2) power plant in East Java. Each of the power plants has the power generation capacity of between 600 MW and 700 MW.

PLN?s tender committee chairman Chairuddin Matondang said CNTIC offered to sell electricity from Suralaya at US 4.12 cents per kwh. The consortium will receive funding from China Exim Bank, said Matondang.

Harbin is the lowest bidder in Paiton, offering to sell US 4.206 cents per kwh. Harbin consortium will also receive financing from China Exim Bank, said Matondang

Matondang said contracts would be signed in January next year. (godang)

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