On 15-09-2010 the Goverment of Timor-Leste awarded a contract worth $406,171,322 (around 3,931,960,000,000 rupiah) to Indonesian Company PURI AKRAYA Engineering LTD, with the business address of Plaza Bapindo, Citibank Tower, Jl. Jend. Sudirman, Jakarta, Indonesia. The contract was described as being for Engineering, Procurement and Construction of 119.5 MW Hera Power Plant & 136.6 MW Betano Power plant. The original contract amount $330,420,600. Amendment for addition of 150kV high voltage outdoor with Amt $406,171,322. (Contract No. RDTL 10004115).
This contract is the biggest contract given so far by the government of Timor Leste to an Indonesian company registered in Hong Kong on 8 August 2010. (http://www.laohamutuk.org/Oil/Power/redesign/PuriAkrayaHKRegistryAug2010.pdf).
Interestingly this large contract was granted to a company that had only existed for less than one month.
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