UPCI to develop wind power plant

UPC Renewables Indonesia Ltd (UPCI) said that it had secured a partnership with a local company PT Binatek Reka Energi and with the Directorate General of Renewable Energy and Conservation, to develop wind turbine power plant in Yogyakarta.

The company said in a press statement on Friday that both companies had signed with the Indonesian government, represented by the Ministry of Energy and Mineral Resources? Directorate General of Renewable Energy and Conservation, a memorandum of understanding on developing a 50MW wind farm power plant at Samas beach, in Bantul, Yogyakarta special province.

Based on the MOU, the two companies and the Directorate General will conduct a joint feasibility study on the power plant project and the government will facilitate the process of obtaining necessary permits for the project.

?UPCI has acquired a site at Samas beach. We share the vision of our Indonesian partners and we are pleased to bring to Indonesia the wealth of experience of wind farm development that exists within the UPC Group,? said Steven Zwaan, a director of UPCI.

?We look forward to successfully developing the project in Samas. We?re keen to grow our portfolio in Indonesia using the latest technology of wind turbines that makes Indonesia?s low wind energy sites more economical,? he added.

PT Binatek Reka Energi President Director Erwin Jaha said that his company had pursued a utility scale wind project at Samas beach for over four years in the hope of bringing the green energy advantages of a modern wind farm to Indonesia.

?In UPC we have found an experienced partner that shares our dream of clean renewable power for our country Indonesia,? he said.

The electricity generated through the wind power plant will be sold to PLN under a contract of 30 years, with a price of Rp 1,200 per KWH during the first 20 years, and Rp 700 per KWH during the 10 years thereafter.

Editing by Benget Besalicto Tnb.