Construction begins on 2.6 billion USD hydropower plant in Indonesia
Indonesian President Joko Widodo on March 1 launched the construction of a 2.6 billion USD hydropower plant that would be linked to a planned industrial park in North Kalimantan.
Jakarta (VNA) - Indonesian President JokoWidodo on March 1 launched the construction of a 2.6 billion USD hydropowerplant that would be linked to a planned industrial park in North Kalimantan.
The plant, called Mentarang Induk, is beingdeveloped by PT Kayan Hydropower Nusantara, a joint venture between Indonesiancompanies PT Adaro Energy Indonesia and PT Kayan Patria Pratama Group, andMalaysia’s Sarawak Energy Bhd.
The 1.375 gigawatt plant will be linked to anindustrial area the President said will house electric vehicle and batteryplants, as well as aluminium and petrochemical facilities.
He said the hydropower project is expected to finishconstruction in seven years to power the planned park.
Indonesia is a major thermal coal producer andrelies on coal as its main source of power but has pledged to move away fromthe dirty fuel and reach net-zero emissions before 2060.
The country, which is one of the world’s biggestemitters of greenhouse gases, aims to increase the proportion of renewables inits energy mix to 23% by 2025, up from around 12% currently./.
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