Hyundai Engineering & Construction Co., a South Korean builder, has won a $727 million deal to build a power station in Indonesia, Korea Herald reported. The deal signed with CEPR, a local energy facility operator, called for Hyundai E&C along with Hyundai Engineering Co. to build a 1,000-MW coal-fired power plant along the coastal line of Java, an island 200 kilometers east of Jakarta. Under the deal, which will be led mostly by Hyundai E&C, they will also lay down power lines and expand a transforming facility in the area. The construction will be completed within 54 months from its ground-breaking, though that date has not been determined yet, the company said.
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