PLTU Java 4 Swallows Investment US $ 4.2 Billion
By : Hariyanto And Aldo Bella Putra | Friday, September 01 2017 - 17:00 IWST
INDUSTRY.co.id - Jepara - Steam Power Plant (PLTU) Java 4 with a capacity of 2x1.000 MW in Jepara regency, Central Java, swallow an investment of US $ 4.2 billion.
"The Java 4 power plants is built by a consortium of PT Bhumi Jati Power (BJP), the financing of the project is funded through loans from Japan Bank for International Cooperation and syndicated seven commercial banks," said Head of PT PLN Corporate Communications Unit I Made Suprateka.
For information, Minister of Energy and Mineral Resources (ESDM) Ignasius Jonan inaugurated the construction (ground eaking) Steam Power Plant (PLTU) Java 4, Thursday (31/8/2017).
PLTU Java 4 was built using the latest ultra super critical (USC) technology, which operates at pressures and temperatures above the critical water point, where the gas and liquid phases are in balance so as to produce higher efficiency.
The USC power plant has an efficiency of about 8 percent to 10 percent compared to other coal-based power plants and produces lower exhaust emissions.
Project Tanjung Jati B (Java 4) has an investment value of 4.2 billion US dollars. The power plant project is managed by a consortium of PT Bhumi Jati Power (BJP), which consists of Sumitomo Corporation (50 percent), PT United Tractors TBK (25 percent) and The Kansai Electric Power Co (25 percent).
The construction of PLTU Java 4 uses a BOT (build operate and transfer) scheme with a period of 25 years from the commercial operation date. PLTU Java 4 is expected to add and strengthen the electricity system in Java-Bali.
PLTU Java 4 is built on an area of 77.4 ha; the project is targeted to be completed within 50 months to 54 months starting from April 2017, and is expected to operate in May 2021 and September 2021.