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SUMITOMO TO RESUME LARGE POWER PLANT PROJECT IN INDONESIA.
TOKYO, Aug 1 Asia Pulse - Sumitomo Corp. (TSE:8053) yesterday announced that it will resume a project to build a large, coal-fired power plant in Indonesia that was shelved in 1998 due to the Asian financial crisis.
The company also said that it recently received an order to build a power plant in Malaysia.
Sumitomo originally received the order for the Indonesian facility from an independent power producer.
The plant was to be located on Java and have an output of 1.32 million kilowatts. And Sumitomo was slated to build the plant and hand it over to the independent firm.
But the order was canceled due to the Asian financial crisis, and now with demand for energy rising in Southeast Asia, ...
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...cent. This leaves Sumitomo and the other consortium...the equity in the power plant. Sources close to the Sumitomo bid tell MEED that...US' Citigroup and Sumitomo Mitsui Banking Corporation...in Ras al-Zour power plant IWPP=independent...
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...planned Tanjung Jati B power plant in Central Java, Indonesia...financial woes. The power plant was initially owned by...years. Japan-based SUMITOMO CORP. operated as the...signed agreement with SUMITOMO, PLN will operate the...
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...OVERVIEW: The local IRAN POWER PLANT PROJECTS MANAGEMENT CO...MOU) with Japan-based SUMITOMO CORP. regarding the construction...building a combined cycle power plant with an installed generating...000,000 to build. SUMITOMO employs a total workforce...
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...SDN BHD recently awarded a power plant construction contract to Japan-based SUMITOMO CORP. According to the terms of the award, SUMITOMO will be responsible for the...300,000,000 to build. SUMITOMO has a total employment of...
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Source: HighBeam Research, SUMITOMO TO RESUME LARGE POWER PLANT PROJECT IN INDONESIA.