JAKARTA (Rambu Energy) – PT Surya Energi Indotama, a subsidiary of state owned PT Len Industri is planning to develop 15 megawatts (MW) of solar power in 2014 through independent power producer (IPP) mechanism. Under the system, the company will sell its electricity to state utility firm PT PLN.
The first project is the development of 5-MW solar power plant in Kupang, East Nusa Tenggara Timur province. The project construction is scheduled to begin in mid year and completed by year end.
Agus Iswanto, president director of PT Surya Energi Indotama (SEI) was quoted by Kontan as saying that the company is currently preparing administrative works before beginning the construction. “We are preparing the engineering design of the project. We target to begin physical work development in early part of second semester this year,” he said.
The Energy and Mineral Resources Ministry (ESDM) has recently awarded PT Len Industri as the winner of a tender to build a 5-MW solar power plant in Kupang (PLTS Kupang). The electricity tariff to be sold to PLN is set at US$0.025 per kilowatt hour (kWh) plus US$0.005 as the company met the local content requirement.
The investment needed to develop the solar power is estimated at Rp25 billion per one MW. The solar power plant will be built on a 6 hectares of land, assuming each MW of solar power requires 1.2 hectares of land. (*)