(MENAFN) Hyundai Engineering & Construction Co. (E&C), the major construction company in South Korean has secured a large contract from Indonesia's CEPR, a local energy facility operator, and everything is going according to plans.
Specifically, the agreement is worth a whopping USD727 million and consists of constructing a 1,000-MW coal-fired power plant along the coastal line of Java, an island 200 kilometers east of Jakarta.
Additionally, Hyundai E&C is the foremost firm to handle all construction stages throughout the whole process, therefore it will also lay down power lines and expand a transforming facility in the area.
Furthermore, the building process is set to be completely finished within 54 months from its ground-breaking, however the given timeframe could change as the company stated, given the project's massiveness.
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