Indonesia: $1.8bn deal signed for Indonesian gas-fired power plant

Indonesia: $1.8bn deal signed for Indonesian gas-fired power plant

PertaminaPLN 1760 MW gas-fired power plant and floating storage and
regasification unit (FSRU) in West Java, Indonesia
The Indonesia-state utility company's move is in sync with the government's
push to diversify from coal which dominates its power generation sector.

The two parties have signed a power purchase agreement, through which PLN
will buy electricity from the plant for 25 years, following its planned
completion in 2021. Pertamina holds a 40% stake in the joint venture that
will develop the project, Jawa Satu Power, while Japanese trading houses
Marubeni and Sojitz own 40% and 20%, respectively.

The power station will be one of the largest gas-fired plants in Asia. Gas
will be supplied from the FSRU, a vessel-type offshore facility that stores
and re-gasifies liquefied natural gas before the fuel is carried inland.

The Indonesian government aims to add 35,000MW of generation capacity in the
period from 2015 to 2019.

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Link to Original Article:
http://www.powerengineeringint.com/articles/2017/02/1-8bn-deal-signed-for-in
donesian-gas-fired-power-plant.html?cmpid=enl_pei_peidigest_2017-02-02&email
_address=johndiecker@gmail.com&eid=287675795&bid=1651892

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com