Batang Power Plant / Central Java Power Plant

 

Investment Value : IDR 56,7 Trillion
Funding Scheme : Public-Private Partnership (PPP)
Location : Batang, Central Java
Project Owner : PT PLN
Target Construction Date : 2016
Commercial Operation Date : 2020
Project Status : contruction and will be operation in 2019

Project Description

PLTU Batang or Central Java Power Plant (CJPP) is an ultra critical coal- red power plant with 2 x 1,000 MW capacity in Batang Regency, Central Java. PLTU Batang will be constructed by the Special Purpose Vehicle (SPV) of PT Bhimasena Power Indonesia consisting of J-POWER (34%), Adaro (34%), and Itochu (32%). This project is guaranteed by the Indonesia Infrastructure Guarantee Fund (IIGF) and the Central Government for political and force majeure risks.

Project Significance

The power plant with a capacity of 2,000 MW is aimed to supply electricity for the population of Java Island. This project also becomes a pilot project with PPP scheme with the largest value in Indonesia.