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THE INVESTOR

Industrials

Doosan Heavy bags W300b deal in Indonesia

  • PUBLISHED :March 14, 2017 - 14:39
  • UPDATED :March 14, 2017 - 14:39
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[THE INVESTOR] Doosan Heavy Industries said on March 14 that it has bagged a 300 billion won (US$262 million) deal to upgrade an existing power plant in Indonesia.

Under the deal with the state-run Indonesian PLN, Doosan Heavy and a state-run Indonesian construction firm will upgrade the gas-powered Muara Tawar power plant’s capacity to 1,800 megawatts from the current 1,150 MW over the next 30 months. According to Doosan Heavy, the power plant is some 40 kilometers east of Jakarta.

Doosan Heavy stated that it will provide three steam turbines and eight boilers for the project.

In December last year, Doosan Heavy also clinched a similar deal valued at 180 billion won from Indonesia. 

By Alex Lee and newswires (alexlee@heraldcorp.com)
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