(EnergyAsia, July 6) — The Tokyo Electric Power Company, Inc has signed an agreement to acquire a 14% stake in Indonesia’s Paiton I Project from a current shareholder. The US$137 million transaction makes TEPCO the first Japanese electric power company to invest in the independent power producer (IPP) business in Indonesia. The project involves a…
INDONESIA: Tokyo Electric Power to invest in Paiton power project in East Java
Posted on July 6, 2005 by EnergyAsia