PT Freeport Indonesia Activity Impacts on Urumuka Power Plant

By : Aldo Bella Putra | Wednesday, July 26 2017 - 09:23 IWST

5166
5166

INDUSTRY.co.id - Jayapura - Head of the Department of Energy and Mineral Resources (ESDM) of Papua Province Bangun Manurung assessed the sustainability of PT Freeport Indonesia's activities affecting the Urumuka hydroelectric development plan in Mimika Regency.

"If it is clear that the new (Freeport permit) investors are willing to enter, if there is no certainty, the bank also does not want to fund, there is no funder for this very big project," he said in Jayapura on Wednesday (25/1/2017).

Manurung, as quoted by Antara, mentioned that it is related to the mining permit issue of PT Freeport Indonesia, which is currently in the process of transferring from Contract of Work (KK) to Special Mining Business License (IUPK).

He revealed that there are already investors who are interested to build the Urumuka hydropower plant, but if Freeport's permits under the Contract of Work will only end in 2021, investors will be more cautious until there is long-term certainty.

"If we build energy, we will have investors who want to build it, and there will be MoU with BUMD to build the power plant in Urumuka." We will see if Freport has extended the IUPK until 2041, he is the main player," he said.

Manurung explained by the issuance of Government Regulation (PP) number 1 of 2017 regarding the fourth amendment to Government Regulation Number 23 of 2010 regarding the implementation of mineral and coal mining business activity, the discussion of IUPK Freeport extension can be done.

According to him, in the process of discussing it, many things will be discussed by the central government with Freeport, and it can be very decisive for the development in Papua, including the Urumuka Power Plant which can bring many changes, especially for Mimika.

"Once there is a PLTA, do not invite investors, they will come alone, if it starts, it will be a big change for Papua," he said.

He also mentioned the potential energy that can be generated from the Urumuka River is very large, can reach 1300 MW.

News Comment

Today's Industry

Toll Development

Senin, 20 November 2017 - 23:33 WIB

Jakarta-Surabaya Toll Road Expected to Operate Lebaran 2018

Good news for travelers from Jakarta to Surabaya in the upcoming Lebaran season 2018. Because the Jakarta-Surabaya toll road can be crossed.

Ministry of Cooperatives and SMEs (Photo: onenews)

Senin, 20 November 2017 - 23:28 WIB

Wow, 60 Percent of MSMEs in Indonesia Have No Business License

Although the number of micro small medium enterprises (MSMEs) in the country continues to grow, but apparently there are still many who do not have permission. recorded, out of a total of about…

Informatics and communication technology village festival (Destika) will be held in Pemalang District, precisely in Pulosari village Pulosari District, on 21 to 23 November 2017

Senin, 20 November 2017 - 23:24 WIB

Tomorrow, Pemalang Hold Technology Village Festival

Informatics and communication technology(Kemenkominfo) village festival (Destika) will be held in Pemalang District, precisely in the Pulosari village Pulosari District, on 21 to 23 November…

Mastercard luncurkan priceless causes

Senin, 20 November 2017 - 23:00 WIB

Empower the Cardholder To Share, Mastercard Launches Priceless Causes

Jakarta - Mastercard launched Priceless Causes in Indonesia to empower Mastercard credit cardholders to share with others in need.

Export of Tuna (Rizki Meirino / Industry.co.id)

Senin, 20 November 2017 - 22:48 WIB

BPS: Bali Fish Exports 11.10 Million US Dollars

Bali exported fish and shrimp by 11.10 million US dollars during September 2017 or increased 2.23 million US dollars (25.16 percent) compared to the previous month (August 2017) recorded 8.87…