YTL Jawa Energy BV, a company controlled by Malaysian power generation company YTL Power, has acquired 80% shares of PT Tanjung Jati Power Company (TJPC) from Bakrie Group for cash consideration of US$2 million. TJPC, as you know, was granted the Tanjung Jati A coal-fired power plant project by Soeharto regime in 90s.To subscribe please click here