PLN signs PPA for PLTU Cirebon?s expansion

State owned electricity firm PT Perusahaan Listrik Negara (PLN) signed on Friday a Power Purchasing Agreement (PPA) with PT Cirebon Energy Prasarana (CEP) that owns PLTU Cirebon coal fired power plant in Cirebon regency, West Java for the expansion of the power plant.

CEP is a consortium comprising of Marubeni Corporation, Indika Energy Tbk, Samtan Co. Ltd, Korea Midland Power Co. Ltd, and Chubu Electric Power Co. Inc.

The PPA was signed by PLN?s President Director Sofyan Basir and CEP?s President Director Heru Dewanto at PLN?s headquarters in Jakarta, the Ministry of Energy and Mineral Resources said in a statement.

The so-called PLTU Cirebon Expansion with a capacity of 1x1000 MW will be built in Kanci village, Cirebon regency with a construction period 51 months Commercial Operation Date (COD) is scheduled for the first semester of 2020. Since lands for the project has been appropriated thanks to the supports from the Ministry of Environment and the Ministry of Forestry, the project is expected to be completed earlier than schedule.

Investment for the project is estimated at Rp 26 trillion. It will be equipped with an ultra-supercritical boiler, which is claimed to be more environmentally-friendly and fuel-efficient compared to the conventional ones.

At present, PLTU Cirebon has a capacity of 1x660 MW.

Editing by Johannes Simbolon