Month: December 2013

1,000 MW-power plant to be built in Cirebon

Cirebon Electric Power, partly owned by Japanese and South Korean conglomerates, plans to start the construction of its second power plant that will provide an additional power supply of 1,000 MW from its power plant complex in...

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Telkom will not sell Telkomsel shares

Indonesian communications firm Telekomunikasi Indonesia (Telkom) has clarified that it has no plans to sell shares in its mobile unit, Telkomsel. The company reiterated that it plans to unlock some of its portfolio’s value...

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