Japanese firm plans to develop mini hydro power plants in RI
Wednesday, March 9 2016 - 04:26 AM WIB
A Japanese energy company has expressed interest to develop mini hydro power plants in 15 locations in Indonesia with estimated total investment of US$75 million.
This was said by Chairman of the Investment Coordinating Board (BKPM) Franky Sibarani as quoted by detik.com on Wednesday.
Franky did not disclose the name of the company, but said that in the first stage, construction will focus on developing two mini hydro power plants in North Sumatra, each with a capacity of 7.8 MW and 8.2 MW, with combined investment of $15 million.
He said that the Japanese firm is currently in talks with state-owned power company PT PLN for the required power purchase agreement (PPA).
Once the PPA has been signed, the Japanese firm is expected to start construction of the North Sumatra plants this year, Franky said. (*)