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Banpu joins tender to develop South Sumatra power plant.

Asia Africa Intelligence Wire

| October 18, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Jakarta Post)

Byline: Tony Hotland, The Jakarta Post, Samarinda

Thailand's largest coal miner Banpu Plc. said it would invest up to US$200 million to build a power plant in South Sumatra next year should it win a project to supply power tendered by state electricity company PT PLN.

Banpu business development director Pongsak Thongampai said the company had already submitted a proposal for the pre-qualification bid in September to PLN.

"PLN will later pick the three most-qualified bidders and will negotiate with them about the implementation of the project," he said here during the weekend.

Pongsak said the $200 million …

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