Astaldi Group awarded hydroelectric project in Indonesia
(AGI) Rome, Oct. 15 - An international consortium, includingthe Italian Astaldi Group, has been awarded two contracts forthe construction of the first two phases of the Upper CisokanHydroelectric Project on the Island of Java, Indonesia. Thedeal is worth about 234 million dollars, of which 30 percentbelongs to Astaldi. The contracts are in line with Astaldi'sstrategy of geographical diversification, outlined in thegroup's business plan, and for medium- and long-term growth.The Upper Cisokan project is one of the most important to datein the hydroelectric sector and is funded by the World Bank.The