Japan-based Marubeni Corp. (Marubeni) has entered into a memorandum of understanding (MoU) with Korea Midland Power Co. Ltd (Komipo), Samtan Co. Ltd (Samtan), and PT Indika Energi Internasional (IMEI) to jointly develop the 1000 MW Cirebon 3 coal-fired power plant in Indonesia.
This power plant is in the area adjacent to the Cirebon coal-fired power plant project and the Cirebon 2 coal-fired power plant project, which is under construction in the district of Cirebon, located in West Java Province, Indonesia. Marubeni entered into a MoU with Komipo, Samtan, and IMEI for the development of this project on 16 May 2016.
The Government of Indonesia has set a target to provide an additional 35 GW of power capacity by 2019. As a result, there is a high expectation for overseas IPP developers to supply power to meet an increasing demand under the growing economy. Marubeni and other consortium companies will continue to contribute to stable power supply and economic development in Indonesia.
In the power project market, Marubeni has expanded its power generation assets to over 10 GW in 22 countries, including Japan. Marubeni is committed to contributing to the development of infrastructure in Asian countries by using its experience and expertise.
Edited from press release by Harleigh Hobbs
Read the article online at: https://www.worldcoal.com/power/18052016/mou-signed-for-crebon-3-coal-fired-power-plant-in-indonesia-797/