Areva-Medco Euro120 million PLN contract
The consortium formed by Areva's Transmission and Distribution division and PT Multifabrindo Gemilang, a subsidiary of Medco Group, has been awarded 120 million Euro contract by PT Perusahaan Listrik Negara (PLN), the state-owned power utility company.
Through this contract, Areva-Medco will modernize the Indonesian network in line with the 10,000 MW program launched in 2006. This turnkey contract includes delivery of several high voltage substations as well as underground electrical cables, in order to distribute power to the main Java cities (Jakarta, Bandung and Surabaya).
Multifabrindo is Medco's subsidiary in construction and fabrication. Established in 1983, the company operates production facility over 3 hectares of land in Krakatau Industrial Estate, Cilegon, Banten province.
Labels: Electricity, Medco, PLN
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