JAKARTA (Yosefardi) – PT Exploitasi Energi Indonesia Tbk (CNKO) allocates Rp154.78 billion for finalizing its 2 coal-fired power plants (PLTU) located in Rengat and Tembilahan, Riau.
The company is now building that 2 power plants. Rengat PLTU is targeted to operate in April 2015, while Tembilahan PLTU is expected to operate in December this year.
CNKO, engaged in mining and coal trading, booked net profit of Rp9.05 billion in the first half of this year on revenues of Rp735.34 billion.