BALI - Presidential Chief of Staff (KSP) Moeldoko said that the Kayan Cascade hydropower project, North Kalimantan is a new era of the energy production process in Indonesia.
According to him, the Kayan Cascade hydropower plant is proof that Indonesia is able to carry out productive activities in line with environmentally friendly principles.
"This is the history and answer of the future," he said after giving a speech at The Signal Ceremony of Principles Agreement for Project Cooperation Related to Energy Transition between PLN and Sumitomo Corporation which was held on the sidelines of the G20 event at the Intercontinental Hotel Sanur Denpasar, Bali, Sunday, November 13.
Present at the event were Head of KSP Moeldoko, President Director of PLN Darmawan Prasodjo, President Director of Sumitomo Corporation Masayuki Hyodo, Japanese Ambassador to Indonesia Kenji Kanasugi, and Head of Sumitomo Representatives in Indonesia Eko Hadipermana.
As for PT Kayan Hydro Energy (KHE), President Director Andrew Suryali was present.
For information, the Kayan Cascade hydropower plant has a capacity of 9,000 Megawatts with a total investment value of 17.8 billion US dollars.
This latest facility will later accelerate the intentions of the Indonesian government in the Paris Agreement and CPOP26 regarding the green economy.
"December we will groundbreaking," he said. Furthermore, Moeldoko also said that the Kayan Cascade hydropower plant is an important part of President Jokowi's government. This is because this infrastructure facility is the largest investment project in almost 10 years. "This will be a legacy from Pak Jokowi's government," he concluded.
The Kayan Cascade hydropower plant with a capacity of 9000 Megawatt with a total investment value of 17.8 billion US dollars is also a tangible form of support for the commitment of the Indonesian government to the Paris Agreement and CPOP26 related to the green economy.
As is known, the Government of Indonesia has committed to accelerating the energy transition.
In addition to setting a target for the energy mix of New Renewable Energy (EBT) of 23 percent by 2025, President Joko Widodo also emphasized Indonesia's commitment to meeting Net Zero Emission (NZE) by 2060 or sooner.
The Kayan Cascade hydropower project has been running since 2011. The construction of the first dam will begin in early 2023 and is expected to be completed in 2027.
The electricity produced by the hydropower project will supply green industrial areas developed by PT. Indonesia Strategic Industry (ISI) and electricity needs on the island of Kalimantan in general.
With the construction of the Kayan Cascade hydropower plant, the attractiveness of this green industrial area will be stronger for all industries who care about reducing carbon emissions.
In addition, in order to support the program to accelerate energy transition and increase renewable energy in the national energy mix, KHE and Sumitomo Corp are committed to assisting in accelerating carbon emission reduction according to the commitment of the Government of Indonesia in the Paris Agreement and COP26.
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)
