Indonesia to sign billions of dollars of energy and trade deals in Abu Dhabi

January 07, 2020, 08.27 PM | Source: Reuters
Indonesia to sign billions of dollars of energy and trade deals in Abu Dhabi

ILUSTRASI. Presiden Joko Widodo saat pembukaan Kongres XXV KOWANI di Istana Negara, Jakarta, Selasa (3/12/2019). ANTARA FOTO/Puspa Perwitasari/hp.


Sripeni Inten Cahyani, a director at Indonesia’s state power utility Perusahaan Listrik Negara (PLN), said her firm would sign a power purchase agreement with renewable energy firm Masdar from a 145 megawatt floating photovoltaic power plant the two companies are building in Cirata, West Java.

PLN will pay 5.8 cents per kilowatt hour generated by the power plant for 25 years, beginning when the plant becomes operational in 2022, she said.

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Indonesia’s state mining holding company Inalum will sign a memorandum of understanding with Emirates Global Aluminum on a pilot project to increase Inalum’s production capacity, a company spokesman said.

Indonesian and UAE companies signed agreements worth a total of $9.7 billion during Sheikh Mohammed’s visit to Indonesia last year.

Editor: Tendi Mahadi

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