JAKARTA (Yosefardi) – Coal producer PT Sekawan Intipratama Tbk (SIAP) plans to build 2 units of power plant with combined capatity of 130 megawatts (MW) and investment cost of US$125-145 million.
That 2 power plants are a coal-fired power plant (PLTU) and biomassa power plant (PLTBm), to support the government’s 35,000 MW power project in next 5 years.
SIAP shares gained 2.78% to close at Rp185 today, falling from Rp475 late last year. The stock has been traded heavily, trading volume close to 1 billion shares, since late last year.