JAKARTA (AFX-ASIA) – State-run electricity company PT Perusahaan Listrik Negara (PLN) said it has signed a contract with Mitsubishi Corp for the construction of a 740 megawatt power plant in Cilegon, Banten. PLN director Ali Herman Ibrahim told reporters that the project will cost US$340 million, of which some US$289 million will be funded by…

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