South Korea's Daewoo Engineering & Construction has won a bid for a 60 MW hydro power plant construction project worth $290m.
“The hydro power plant will be built in North Sumatra,” Dahlan Iskan, president director of state electricity company PT PLN, which held the bid, said.
Dahlan said another Korean company, Hyundai Engineering, along with Indonesia's state construction firm PT Pembangunan Perumahan, had won another bid for a hydro power plant project in Aceh, with a planned production capacity of 89 MW. The two power plants are expected to be completed in 2013.
For more renewables news, click