Press Release

On March 14th, Doosan Heavy Industries & Construction and its consortium partner PT. Hutama Karya, an Indonesian state-owned construction company, announced that they have received a 470 billion won order from PT. Perusahaan Listrik Negara (PLN), an Indonesian government-owned sole electricity utility company, for Muara Tawar Combined Cycle Power Plant. Doosan Heavy’s share of the project is around 300 billion won. It has clinched a similar deal in December last year to upgrade the Grati gas-fired power plant in Indonesia. Muara Tawar Power Plant is located 40 kilometers east of the capital city of Jakarta. This project is for converting the 1,150-megawatt (MW) gas-fueled generator to a 1,800-MW combined cycle power plant by fitting eight heat recovery steam generators (HRSGs) and three steam turbines—a process expected to take around thirty months. Kim Heon-tak, head of EPC BG in Doosan Heavy, said that the company has proven its technological competitiveness, surpasses its competitors in Japan and Turkey and that it will further expand its presence in Indonesia, whose government plans to construct 35 gigawatt (GW) plants by 2019. Indonesia is a fast-growing and emerging economy in Southeast Asia with a population of 250 million people and rich in natural resources. Its economic growth rate last year was 5 percent.