POWER TECHOLOGY | State-owned construction company China Gezhouba Group (CGG) has signed a $1.62bn (CNY 11.52bn) deal to construct a 1.2GW hydroelectric power plant in Indonesia.
CGG will run the design, construction material, procurement and commissioning for the Borneo plant. Work will begin with phase one of the Data Dian plant, owned by Indonesia Dafeng Heshun Energy Industri.
When the plant is completed, CGG will trial it before handing it over within the five-year agreement’s terms.
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