JAKARTA (RambuEnergy.com) – The construction of the Upper Cisokan Pumped Storage (UCPS) hydro power plant with total capacity of 1,040 MW, located in West Java will begin this month, a senior executive of state owned electricity company PLN said.
Director for Procurement of PLN Supangkat Iwan Santoso said, as cited by detik.com, the clearance of land has been completed, therefore it is now ready to enter the construction phase.
The total investment to develop the project was estimated to reach USD900 million, of which USD900 million comes from the World Bank and USD200 million from internal cash of PLN.
The construction of the hydro power plant will be carried in stages, first developing the accessed road, development of upper and lower dam, power house and water, swithyard and transmission with capacity of 500 kV.
In October last year, PLN awarded the EPC (engineering, procurement and construction) contract worth 269.3 billion won (USD231.9 million) to a consortium led by Daelim Industrial Co., South Korea’s fourth-largest builder.
Daelim Industrial joined hands with Italian construction firm Astaldi SpA. and Indonesian state-run construction firm PT Wijaya Karya Tbk (WIKA) to clinch the Upper Cisokan Pumped Storage (UCPS) Power Project in West Java, funded by the World Bank. The South Korean firm holds a 1,077 billion-won stake in the project, according to Daelim Industrial, Yonhap reported.
The hydroelectric power station will be built in an upper tributary of the Cisokan River, some 126 kilometers southeast of Jakarta.
The 1,040 mega-watt power plant will produce electricity from a dam that has two reservoirs: the upper one 75.5 meters high and the lower one 98m high.
It is expected to take 50 months to complete construction.
The latest Indonesia contract is Daelim Industrial’s sixth project that it has won in the Southeast Asian region last year, including one to build a port facility in Singapore in February. (*)