KUALA LUMPUR: BINA PURI HOLDINGS BHD []'s 80%-indirect owned subsidiary PT Megapower Makmur had received two contracts from PT PLN (PERSERO) to operate power plants in Indonesia.
In a statement June 1, Bina Puri said the first contract received on May 6 was to operate a plant in Toboali, Bangka Belitung for three years for a sum of RM4.97.
The second contract received on May 23 was to operate a plant in Sei.Pakning, Riau for one year for RM1.62 million.
Bina Puri said it expected both the plants to be operational in July this year and contribute to its earnings for the financial year ending Dec 31, 2011.
It said that with the two plants, the group would have a total of five plants in Indonesia.
In a statement June 1, Bina Puri said the first contract received on May 6 was to operate a plant in Toboali, Bangka Belitung for three years for a sum of RM4.97.
The second contract received on May 23 was to operate a plant in Sei.Pakning, Riau for one year for RM1.62 million.
Bina Puri said it expected both the plants to be operational in July this year and contribute to its earnings for the financial year ending Dec 31, 2011.
It said that with the two plants, the group would have a total of five plants in Indonesia.
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