A consortium of Malaysian and Indonesian firms have won a RM2 billion (US$571 million) contract to build a coal-fired power plant on Java island in Indonesia.

Zelan Bhd, a Malaysian construction company, leads the consortium with a 70 percent stake while Indonesia's Priamanaya Djan International holds the remaining 30 percent.

The Malaysian firm said in a statement late Thursday that the consortium obtained the award from PT PLN Persero for the construction of two 300-400 megawatt coal-fired turbines in Rembang in Central Java province.

The project, which is expected to take 33 months, is expected to contribute positively to Zelan's earnings from its financial year ending January 2008 onwards.

Zelan chief operating officer Khoo Boo Seong reportedly said in the Star daily Friday that the project was the largest single contract ever won by the company.