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05May94 INDONESIA: BID CUT ORDER - INDONESIAN GOVERNMENT DEMANDS BID CUTS.

The Indonesian government has demanded that three foreign consortia cut their bids for three power stations on Java by a fifth, or face a competitive tendering process.The government rejected original bids of $2.1 billion (£1.4 billion) awarded without competitive tender by the state electricity company as too expensive.The consortia are: Asea Brown Boveri and Marubeni for a 1,000 MW plant in west Java; Mitsubishi and General Electric for an 805 MW plant in east Java; and General ...

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