PLN Approves 622 MW Power Purchase From Renewable Energy Projects Worth $1.71b

BY :RANGGA PRAKOSO

AUGUST 20, 2015

Jakarta. State-owned electricity firm Perusahaan Listrik Negara, or PLN, has approved a power purchase agreement for 622 megawatts from independently run renewable energy power plants worth $1.71 billion, the company's spokesman said on Wednesday.

"This is simply evidence of PLN's commitment to support the government's policy to develop renewable energy," Adi Supriono, PLN's corporate secretary, said in a statement.

PLN signed the agreement with five plants; the hydroelectric power plant (PLTA) Batang Toru in North Sumatra for 510 MW developed by North Sumatra Hydro Energy; PLTA Hasang in North Sumatra for 39 MW developed by Binsar Natorang Energy; Sidrap wind turbine power plant (PLTB) for 70 MW in North Sulawesi and developed by UPC; Gorontalo solar-powered power plant (PLTS) with 2 MWp (Megawatt peak) capacity developed by Brantas Adya Surya Energy; and East Sumba Timur PLTS with 1 MWp capacity in East Nusa Tenggara developed by Buana Energi Surya.

Adi said the deal would help boost PLN's commitment in supplying electricity from renewable energy sources to 5,014 MW.

PLN expects to purchase up to 4,116 MW of new renewable energy by 2019.

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