(EnergyAsia, July 26 2010, Monday) — As part of South Korea’s long-term plan to bolster its energy security, state Korea Electric Power Corp (KEPCO) said it has agreed to pay 4.6 trillion rupiah for a 20% stake in Indonesian coal producer PT Bayan Resources. (US$1=9,000 rupiah). South Korea’s largest power company said the investment will…
INDONESIA: Korea Electric to pay 4.6 trillion rupiah for 20% stake in coal producer Bayan Resources
Posted on July 25, 2010 by EnergyAsia