Jakarta – Indonesia and South Korea are considering co-operating to build a $A334 million nuclear power plant in Madura Island just off the densely populated province of East Java.

"South Korea is very enthusiastic in co-operating with us in the construction of a nuclear power plant. They are even willing to bear the entire necessary investment," Research and Technology Minister Hatta Rajasa was quoted as saying in Bisnis Indonesia.

Mr Rajasa said the plant would have a capacity of 200 megawatts. The minister said the plant should come into operation in 2015 if the Government decided to go ahead with the project.

The Government previously shelved plans for a nuclear power plant on the north coast of densely populated Central Java province following protests from environmentalists and the 1997-98 financial crisis.