PLN will hold tender for PLTA Karama in H2
Wednesday, January 11 2012 - 03:38 AM WIB
State electricity firm PT PLN will hold a tender for the 2,000 MW hydro-fired PLTA Karama power plant project in the second half of the year, under the public-private-partnership (PPP) scheme.
The plant will take 7 years to develop, according to PLN?s Head of Procurement Division Monstar Panjaitan, which means the project could start operation in 2019 at the earliest.
?It takes a long time, about 7 years. One year for tender, another year for land acquisition, one year for funding. Construction could start by 2014,? Monstar said as reported by Bisnis Indonesia yesterday.
Estimated to cost US$1 billion, PLTA Karama is the first hyrdro power plant project that uses the PPP scheme. The feasibility study is currently underway, undertaken by regional administration of West Sulawesi in cooperation with the Gezhouba Group International Engineering Co Ltd (CGGC) of China. (*)