News & Update
Implementation of feasibility study on the first small-scale hydroelectric plant on Sumatra Island in Indonesia
Chodai Co., Ltd. will conduct a basic survey in order to compare the construction project of a new hydroelectric plant (5.0 MW) with the capacity increase project of two existing power plants (5.5 MW in total) in the north of Sumatra island in Indonesia. The company will also carry out a feasibility study (the “Study”) to determine the policy, effects and profitability of the project.
The Study qualified for the fiscal year 2014 “Study on Economic Partnership Projects in Development Countries in Fiscal Year 2014” under the Ministry of Economy, Trade and Industry (METI). The contract was signed on September 26th this year, and is scheduled to be implemented over approximately 5 months until the end of February next year.