China Power Investment Corp. to invest 17 bln USD in power projects in Indonesia
May 28th, 2013 | XinhuaChina Power Investment Corp., one of China’s largest state-owned firms, has committed to investing 17 billion US dollars in hydropower plant projects in North Kalimantan of Indonesia, an Indonesian minister said on Monday. Indonesian Energy and Mineral Resources Minister Jero Wacik made the statement after meeting with Vice President of the firm Xia Zhong at his office. The Chinese firm hoped to start the projects next year, at least the [...]