Pöyry awarded owner's engineer services assignment for coal-fired power plant project, Indonesia

PÖYRY PLC Press Release 3 June 2015 at 10 am (EEST) Pöyry awarded owner`s engineer services assignment for coal-fired power plant project, Indonesia
PT Tanjung Power Indonesia (TPI) has awarded Pöyry with the Owner`s Engineer services assignment for Kalsel-1 2 x 100 MW Coal Fired Power Plant Project in South Kalimantan, Indonesia. The Shareholders of TPI are PT Adaro Power and Korea East-West Power Co.,Ltd. Pöyry`s assignment includes project management services and design review services for the project. The overall schedule for the project is 33 months and the project is scheduled to be completed by July 2018. The power plant is being implemented under Indonesia`s Independent Power Producer (IPP) scheme, whereby the electricity is sold to the Indonesian government-owned electricity company PT PLN Persero (PLN). This is a continuation of Pöyry`s earlier assignment in the same project. Pöyry has been involved in the project from the start of the development phase, assisting TPI in the preliminary design, IPP bidding, EPC (Engineering, Procurement and Construction) tendering and contract negotiations. "After successfully completing the project development phase, we are pleased to continue our good cooperation with Adaro Power and Korea East-West Power in executing this important project. This project illustrates the value added that Pöyry can provide for power projects from the early development phase through engineering, construction and commissioning phases. In Indonesia, Pöyry is currently helping our clients in several coal and gas-fired, hydro power and renewable energy projects, in plant capacities up to 2,000 MW", says Dr Raffael Schubiger, Head of Thermal Power at Pöyry. The value of the order is not disclosed. The order has been recognised within the Energy Business Group order stock in Q1 2015. PÖYRY PLC For further information, contact: Petteri Härkki Regional Director Asia, Thermal Power Tel. +66 81 854 3712 Dr. Raffael Schubiger Vice President, Thermal Power Tel. +41 76 356 20 67 Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and provide local services in our core markets. We deliver management consulting and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry`s net sales in 2014 were EUR 571 million and the company`s shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).

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Source: Pöyry Oyj via GlobeNewswire
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