JAKARTA (TheInsiderStories) – PT Jawa Satu Power, a consortium company of PT Pertamina (Persero), Marubeni Corporation, and Sojitz Corporation, has awarded a contract to the General Electric (GE)-led consortium, to carry out the Engineering, Procurement and Construction (EPC) works and maintenance service for Indonesia’s largest gas power plant project Java One Power Plant Combined Cycle.
The other members of the consortium are Samsung C & T (Samsung) and PT Meindo Elang Indah (Meindo). The contract will be last for 25 years.
The signing of the cooperation contract on Thursday (15/3) was attended by President Director of Pertamina Elia Massa Manik and President and CEO of GE Power Russell Stokes.
The estimated value of the EPC contract reaches around US$ 900 million or Rp 12.4 trillion.
Java One will be the largest combined-cycle power plant in Indonesia, using the latest HA gas turbine technology from GE.
This power plant project is part of the government’s of 35 Gigawatt (GW) Electricity Program, and is expected to add 1,760 MW of electricity to the national grid, equivalent to 11 million houses in Indonesia and is expected to start operating in mid-2021.
The maintenance agreement with GE Power Services for 25 years include the maintenance of gas turbines, steam turbines, and generators and other related power generation equipment.
The agreement also includes the use of a suite of GE Asset Performance Management (APM) digital solutions, to enhance the visibility, reliability, and availability of various assets from power plants.
Java One Power will be secured, precise prediction and high reliability while ensuring optimum performance with lower maintenance costs. In addition, the various power tools available here will also be part of the facility monitored by the GE Monitoring and Diagnostic (M & D) Center in Atlanta, Georgia, United States.
“The efficiency of power generation is important to keep electricity tariffs competitive and reachable to the public,” says Handry Satriago, President, and CEO of GE Indonesia.
“We are delighted to support our clients PT Java One Power and EPC, Samsung and Meindo consortium partners with highly efficient HA gas turbines and maintenance service agreements to help deliver more efficient, reliable and affordable power in Indonesia in the coming years,” he said.
Jawa Satu Power was founded by a consortium of leading energy companies, namely Pertamina, Marubeni, and Sojitz. Each company brings their own strength and expertise that had been proven in developing successful projects in different continents. Pertamina itself is the largest state-owned oil and gas company in Indonesia.
GE is known to be the world’s most efficient combined-cycle power generation plant by 2016 with its HA technology. HA Technology also offers industry-leading flexibility – capable of delivering full power into the network in less than 30 minutes – and resulting in cleaner, more reliable and sustainable power to customers.
With more than 70 units booked to date on four continents, HA is the fastest growing gas turbine in the world. HA is already used in more than 16 countries, including the United States, Mexico, China, Japan, Brazil, France, and Malaysia.
GE has a long-standing partnership with Pertamina, Marubeni and Sojitz built on the principle of mutual respect and trust in projects in Asia, the Middle East and Australia, creating a mutually beneficial partnership in the global energy order.
Written by Elisa Valenta, email: email@example.com