US' TTS and Indonesia Power's CDB in plant engineering MoU
Thursday, January 26 2012 - 05:14 AM WIB
US firm Turbine Technology Services Corporation (TTS), a full-service gas turbine engineering services, has engaged in a Memorandum of Understanding with PT Cogindo DayaBersama (CDB), a power plant management and engineering company which is wholly-owned by PT Indonesia Power.
Indonesia Power is a subsidiary of state electricity firm PT PLN (Persero).
TTS recently signed the agreement with CDB, which commits both companies to mutual cooperation to increase the companies? business volume on projects related to turbo machinery, power generation, plant relocation, and other related areas of common interest to both companies in power plant engineering.
In recent years CDB has expanded its capabilities within the Indonesian power industry to undertake large engineering projects, including the building of an MFO fueled power plant in Balikpapan, East Kalimantan. CDB is also now working closely with the Indonesian government to expand its portfolio to become a leading Independent Power Producer in Indonesia and has recently invested in the construction of a 20MW coal fired power plant in East Kalimantan, currently undergoing engineering development.
Editing by David Mustakim