Jpower, Itochu, Adaro consortium wins Central Java coal plant bid

State electricity firm PT PLN has picked the Jpower-Itochu-Adaro consortium’s bid to develop a power plant in Central Java, Indonesia worth about Rp30trn ($3.48bn).
PLN president director Dahlan Iskan said that the consortium won the bid because it was the only one of the four bidders offering a price lower than that estimated by the bid committee.
Marubeni Corporation, China Shenhua Energy Company Ltd and the CNTIC-Guandong Yudean consortium also submitted bids to develop the 2x 1000 MW coal power plant in Pemalang, Central Java, in late April.
A press statement from PLN says the project was the first public-private partnership complying with a 2010 presidential regulation on such partnerships. It will be jointly guaranteed by the government and government-sponsored infrastructure financing guarantee agency, PT Penjaminan Infrastruktur Indonesia (PII), the statement says.
The Pemalang power plant is expected to commence operations in 2017. The winning consortium includes Japan-based Electric Power Development (J-Power), local coal mining company Adaro Energy and the Japan-based Itochu Corporation.

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


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...