JAKARTA - A new renewable energy (EBT) company based in Abu Dhabi, UAE, Masdar, will partner with the grandson of PT PLN (Persero), namely PT Pembangkit Jawa Bali Investment. This was done to build a Floating Solar Power Plant (PLTS) in Cirata Reservoir, West Java, which is claimed to be the largest PLTS in Southeast Asia.
The investment cooperation was outlined in the agreement signed by Chief Executive Officer (CEO) Masdar Mohamed Jameel Al Friendlyi, President Director of PT PLN (Persero) Zulkifli Zaini, and President Director of the Java Bali Investment (PJBI) Power Plant (PJBI) Gunawan Yudi Hariyanto in Abu Dhabi, Sunday. January 12.
The cooperation was also witnessed by the Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia, Minister of BUMN Erick Thohir, Deputy Minister of BUMN Budi G. Sadikin, Minister of Trade Agus Suparmanto and a number of related officials.
"The investor for this plant, Masdar, has been executed. He is the largest new and renewable energy (EBT) company in the bay area. The head of BKPM said the government will accelerate investment licensing in the future, especially related to the development of EBT," said BKPM Sectoral Promotion Director Imam Soejoedi in a statement. written in Jakarta, Monday 13 January.
The investment in this plant is around IDR 1.8 trillion and breaks the record for the largest solar powered generator in ASEAN after PLTS in the Philippines, the Cadiz Solar Powerplant of 132.5 MW.
BKPM Head Bahlil Lahadalia said one of the reasons for the importance of this investment to be accelerated is because the portion of EBT in the energy mix of national generators is still small, which is around 10 percent of the total mix energy.
In fact, by 2025, the government is targeting the EBT portion to reach 23 percent. Not only that, the PLTS portion of the existing national electricity capacity is only 5 MW.
A total of 16 collaborations were agreed upon between Indonesia and the United Arab Emirates (UAE) consisting of five cooperation agreements between the two governments and 11 others between business actors in the world.
Including the Power Purchase Agreement (PPA) between the consortium of PT PJB Investasi (PT PJBI and Masdar) and PT PLN (Persero) in the "Floating Solar PV PP 145 MWAC" in Cirata Lake, West Java, worth 129 million US dollars.
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