Published on February 20th, 2012 | by editor0
PLN to lay $2b submarine cable from Sumatra to Java
By Jakarta Post
State-owned power company PT PLN plans to lay a submarine transmission cable connecting Sumatra and Java with a total investment of US$2 billion.
Company construction director Nasri Sebayang said in Jakarta on Thursday that PLN was currently preparing the documents for the tender process so that the cables could be laid beginning in the third quarter of this year.
“Around 85 percent of the required funds will be obtained from the Japan International Cooperation Agency [JICA], while the remaining 15 percent will come from PLN’s internal budget,” he said in Jakarta.