INDONESIA POWER ENTERS USED POWER PLANT BUSINESS





     Jakarta, Feb 19 (AFEC/ANTARA) -  The management of PT Indonesia
Power (IP), a subsidiary of state electricity corporation  PT PLN,
has started the business of selling used (surplus) power generators
in Southeast Asia.
     "The business is the first of its kind in Southeast Asia, and
we have established cooperation with CESS Ltd, of Britain, at the
end of November 2001," international business senior manager of PT
IP Bambang Priyambodo said here on Monday.
     He said the first stage transactions, including consultations,
will cost 7,200 US dollars per year.  This type of business merely
expects a fee from the buyers and the sellers.  The higher the
transaction, the lower the fee, and the other way around.
     A transaction worth less than five million dollars, for
instance, will be subject to a fee of 3.5-5 pct, he said.
     He also assumed that, in terms of investment in components,
buying a new power plant, especially in Indonesia, where electricity
tariffs have been raised, would not be so lucrative.
     The savings potential of using used machines, he added, will
vary from 30 to 60 pct.
     CESS (Combustion Energi & steam Specialist), he said, is widely
known as a specialist appraisal and marketing agency for used
business plants with total transactions of 167 machines, equivalent
of 9,273 MW, in the last six years.
    END E008/HNG/D004
    

1902020726
NNNN