Jakarta, Aktual.com – PT PLN (Persero) adding Steam Power Unit (power plant) Lontar Unit 4, located in the village of Lontar, Kemiri District, Tangerang-Banten.
The construction of this power plant with a projected capacity of 315 MW with a contract value of USD225 million. As for the 70 percent (USD179) of the contract value is financed from Japan Bank International Corporation (JBIC) and SMBC, while 30 percent of project funding needs are provided with equity PLN.
Regional Business Director West Java of PLN, Murtaqi Syamsuddin confirms all of the financing of the loan is done with the direct model of landing or directly to PLN unsecured low-interest government.
“For funding with a loan from PLN without government guarantees, has three times obtained PLN from European funding sources for other projects. Average funding sources Japan, the power plant project This manuscript is the first without using government guarantees, which means that we are trusted by the creditors,” Syamsuddin said in a statement submitted to Aktual.com, Wednesday (11/5).
Murtaqi added that construction is carried out on the land area of 11 square hectares is expected to be completed in the coming 2019. Meanwhile, as the winner of the bidder is Sumitomo Corporation, Black and Veatch International Company and also collaborates with local contractor PT Satyamitra Surya Perkasa.
He claimed that the winning bidder is acting as the developer has successfully completed land clearing (land acquisition) and ready to do the construction.
“Thank God, Thank God the whole we have completed the construction readiness. Later supply of Lontar Unit 4 will strengthen the system of Jakarta-Banten and will enter Balaraja sub-systems,” he concluded.
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