China Power reveals plan for 7 GW plant in Indonesia

摘要

China Power Investment Corp. has unveiled a plan to invest US$17 billion in developing 7,000 MW of hydroelectric power in Indonesia's North Kalimantan region. The Chinese state-owned utility said the unnamed hydro-power project will be constructed in stages along the Kayan River, with work hoped to begin next year. Indonesian power corporation Perusahaan Listrik Negara said the new plant is necessary to help keep up with the country's increasing demand for energy, which is expected to rise by about 10% annually.