ASIA NEWS NETWORK
WE KNOW ASIA BETTER
$120-M power plant planned for West Java, Indonesia
Publication Date : 18-04-2014
Indonesia's publicly listed industrial estate developer PT Kawasan Industri Jababeka (KIJA) plans to construct a US$120-million power plant in Cikarang, West Java in a bid to capture the area's business potential.
The power plant is expected to have a total production capacity of 130 megawatts.
"We are still studying this new power plant project," Kija's corporate secretary, Muljadi Suganda, said in Jakarta on Thursday as quoted by kontan.co.id, without providing further details.
Currently, Kija runs the 130-MW Bekasi power plant in West Java, which has generated a sizable income for the firm.
The firm booked 2.74 trillion rupiah ($241.12 million) in revenue in 2013, of which 38.68 per cent came from the Bekasi plant.
"We aim to collect $100 million this year from the [Bekasi] plant alone," he added.