India’s Reliance Power to develop Indonesian power projects

India’s Reliance Power had signed a deal with China Datang to develop and operate power and energy projects in Indonesia.

The companies plan to develop Reliance’s three coal mines in Indonesia and maintain and operate power plants in India and other markets, it said a statement, which did not disclose financial details.

State-run China Datang has an installed generation capacity of 105,896 megawatts — equalling more than half of India’s current generation capacity — and China is keenly eyeing opportunities in its Asian neighbors.

“The strategic partnership provides us a platform to expand into emerging markets like India and Indonesia, which hold enormous business opportunities,” China Datang said in the statement.