State electricity utility PT PLN has signed a power purchase agreement with the future Wampu hydro power plant to be built in North Sumatra, which will be operated by PT Wampu Electric Power, jointly owned by Korea Midland Power, Daewoo Engineering and PT Mega Power Mandiri.
PLN spokesperson Bambang Dwiyanto said PLN would buy the power for 7.23 US cents per kilowatt-hour.
“The contract will last for 30 years,” he said in a press statement on Tuesday.
The power plant, which will be located in Karo regency, had a total capacity of 3x15 megawatts, Bambang reported. Construction on the plant would begin this year, with commercial operation to begin in 2014, he added.
The agreement was signed on April 12 by PLN president director Dahlan Iskan and Wampu Electric Power president director Choi Chung Yul.
PLN spokesperson Bambang Dwiyanto said PLN would buy the power for 7.23 US cents per kilowatt-hour.
“The contract will last for 30 years,” he said in a press statement on Tuesday.
The power plant, which will be located in Karo regency, had a total capacity of 3x15 megawatts, Bambang reported. Construction on the plant would begin this year, with commercial operation to begin in 2014, he added.
The agreement was signed on April 12 by PLN president director Dahlan Iskan and Wampu Electric Power president director Choi Chung Yul.
