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World News | March 2012

US company ties up with Indonesian firm

Turbine Technology Services Corporation (TTS), a full-service gas turbine engineering services firm based in Orlando, Florida, has engaged in a Memorandum of Understanding with PT CogindoDayaBersama (CDB), a power plant management and engineering company which is wholly-owned by PT Indonesia Power. PT Indonesia Power is a subsidiary of PLN, which is Indonesia’s state electricity authority and owns power plants producing an output of more than 30,000 MW throughout that country.

TTS recently signed the agreement with CDB, which commits both companies to mutual cooperation to increase the companies’ business volume on projects related to turbo machinery, power generation, plant relocation, and other related areas of common interest to both companies in power plant engineering.

CDB manages power plants and related equipment in Indonesia and the MOU exemplifies how a large established power plant engineering and services company can benefit from a business relationship with an aftermarket turbine engineering company like TTS. Pat Begley, VP, Sales for Europe, Middle East and Asia, TTS, said, “Indonesia and the rest of Southeast Asia is a major area of opportunity for TTS. The region’s challenge of aging power plants and turbine equipment along with rapidly growing demand is exactly where the company excels and has earned industry-wide recognition.”
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