Chinese consortium wins Jawa-5 power plant tender

Tuesday, March 29 2016 - 02:50 AM WIB

By Godang Sitompul

A consortium comprising of Chinese companies China Oceanwide and Shanghai Electricity, and PT Pembangkitan Jawa Bali (PJB), a subsidiary of Indonesia?s state-owned power company PT PLN, has been named as the winning bidder for the 2x1,000 MW PLTU Jawa-5 coal-fired power plant, West Java, according to a source.

The source told Petromindo.com that the consortium outbid five other consortia including consortium of SSP, CNEC, Wika; YTL, Bumipertiwi, Indika; Mitsubishi, Kepco, Siemens, Barito; GDF, Mitsui, Adaro; and Sumitomo, Chubu, Wasamitra.

As has been previously reported, the PLTU Jawa-5 project will be located either in West Java or Banten, to be decided by the winning bidder. Total estimated investment is around Rp 40 trillion.

Editing by Reiner Simanjuntak

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