Kideco Obtains Rp.515 Billion in Contract
Bisnis Indonesia, page T5, 2006-09-07
PT Kideco Jaya Agung and PT Indonesia Power have reached an agreement concerning the coal supply for the Surabaya Steam-powered Electricity Generator. The two companies have agreed to provide 1.5 million of coal for a year for US$ 38 per ton on the base of cost, insurance and freight (CIF) on Suralaya Harbour. This contract, which was Kideco’s third contract, is worth Rp.515 billion.