Indonesia pumped-storage hydro project secures World Bank funding

The World Bank has approved a US$640 million loan to assist with the development of the Upper Cisokan pumped-storage hydropower project in Indonesia.

Construction of the hydropower project, to be constructed near Bandung, West Java, is expected to be completed in 2016 at a total cost of US$800 million, reports indicate.

Indonesia's state owned electricity company, PLN, will provide the remaining project cost of US$160 million, media reports indicate.

The Upper Cisokan hydropower project includes construction of a dam and 1,040-MW hydro plant at the catchment of the Upper Cisokan River.

In other pumped-storage hydropower news, the second unit of Ukraine's Dnister pumped-storage project is on schedule for operation in 2012.

Dnister will be one of the largest pumped-storage hydro projects in the world. The hydro plant will have an electric output of 2,268 MW in generating mode and 2,947 MW in pumping mode.

Officials said construction of the hydro project is going as planned and that project deadlines will be met, Ukraine media reported.

For more hydropower news and information, click here



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs