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Doosan to build $1.7bn power plant in Indonesia


South Korea’s Doosan Heavy Industries & Construction has signed a MoU with Indonesia’s PT Indo Raya Tenaga (IRT) for the construction of Unit 9 and 10 of Suralaya Coal Fired Power Plant in Cilegon, Banten in Indonesia, said a report.

IRT is a special purpose company jointly established by PT. Indonesia Power, a subsidiary of state-run electricity provider Perusahaan Listrik Negara (PLN) and petrochemical firm PT. Barito Pacific.

The MoU was signed during the Korea-Indonesia Industrial Cooperation Forum held in Seoul timed with Indonesian President Joko Widodo’s state visit to South Korea, reported Korean daily Pulse.

The 1,000 MW coal-fired power plant project will use an ultra-super critical system, an eco-friendly high-efficiency power generation technology to save fuels and reduce pollution and other environmental impacts.

The total cost of Suralaya Power Plant construction is 1.9 trillion won ($1.68 billion), with the order involving Doosan Heavy Industries valued at around 1.5 trillion won, said the report.

Doosan had been chosen as a preferred EPC (Engineering, Procurement and Construction) bidder last June, it added.

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