BPI Danantara will be involved in an electricity export project to Singapore. This project is prepared as a long-term cooperation between Indonesia and Singapore, with an initial construction capacity of around 600 megawatts to 1.2 gigawatt.
The Minister of Investment and Industrialization and Head of BPI Danantara Rosan Roeslani said the cooperation was carried out together with Keppel Electric. A memorandum of understanding or MoU has been signed after a meeting between President Prabowo Subianto and Singapore Prime Minister Lawrence Wong at Istana Merdeka, Jakarta, Monday, July 6.
"Yes, with the Keppel Electric MoU, we are to build for the export of electricity. This is a long-term project and will be ensured to have a win-win impact on both countries," said Rosan.
Rosan said that the plan for cooperation in electricity exports had been prepared for quite some time. According to him, President Prabowo has given an order for Danantara to work together with the business world and investors to realize the project.
"This has been going on for a long time. The President has entrusted Danantara to work together with the business world and investors to build. This has been going on for a long time, it has been four years, so that this cooperation can be implemented," said Rosan.
In the cooperation scheme, Danantara will be the party from Indonesia. Keppel Electric is said to play the role of offtaker or buyer of electricity from the project.
"We are a company from Indonesia. If Keppel, they will be the offtaker," said Rosan.
Rosan has not specified the exact location of the power plant to be built. However, he said that one of the areas that was seen was the Batam, Bintan, and Karimun or BBK area.
"Later, one of the locations we will see from here, the development is also for BBK, Batam, Bintan, Karimun," said Rosan.
The BBK area is often discussed in the context of Indonesian-Singapore economic cooperation because of its proximity to the country. In the export electricity project, the location factor is important because it is related to power plants, transmission, and cross-border electricity delivery.
Rosan said the total project capacity in the long term is estimated to reach 3.4 gigawatt. However, the construction of the first phase will start smaller.
"The total will be 3.4 gigawatt for several years. But the first development is between 600 to 1.2 gigawatt," said Rosan.
One gigawatt is equivalent to 1,000 megawatts. Thus, the initial capacity of 600 megawatts to 1.2 gigawatt indicates that this project is not small, even though it is still the first phase of a long-term plan.
Rosan has not explained the type of plant that will be used, including whether the project will use solar energy. He also has not specified the value of the project's investment.
When asked about the form of the plant and the cost, Rosan did not give any figures. He just closed his statement briefly.
"Thank you," said Rosan.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
