KUALA LUMPUR: YTL Power International Bhd
is embarking on the construction of a US$2.7bil (RM11.6bil) 1,320MW coal-fired power plant in Cirebon, West Java – its second investment in Indonesia.
The power generation and water/sewage treatment group said its 80%-owned unit PT Tanjung Jati Power Co Ltd had on Monday signed a restated and amended power purchase agreement (PPA) – originally entered into on April 2, 1997 – with the republic’s national utility firm PT PLN (Persero).
