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Doosan Heavy to Build 1.6 Tril. Won Thermal Power Plant in Indonesia

Source: 
Business and Financial Times

Doosan Heavy Industries & Construction Co. has won a large-scale thermal power plant construction project in Indonesia.

The company announced on March 20 that it has signed a deal with Indonesias PT Indo Raya Tenaga (IRT) to build Jawa 9 and 10 power stations. It formed a consortium with Indonesias state-run construction firm HK to clinch the deal. The total construction cost is 1.9 trillion won (US$1.68 billion) and the deal won by Doosan Heavy is worth 1.6 trillion won (US$1.42 billion).

IRT is a special purpose entity jointly established by PT Indonesia Power, a subsidiary of Indonesian electricity utility Perusahaan Listrik Negara (PLN), and power and petrochemical firm PT Barito Pacific Group.

Under the agreement, Doosan Heavy will build Jawa 9 and 10 power plants in Cilegon of Java`s west coast, only 120 km from Jakarta, the capital of Indonesia.

These two 1,000-megawatt ultra-supercritical (USC) power stations will meet the international environment standards, or IFC guidelines. This is an engineering, procurement and construction (EPC) project and construction is scheduled to be completed in 2024.

A USC thermal power station has a steam pressure of 246 kilograms per square centimeters or higher and a steam temperature of 593 degrees Celsius or higher. A higher steam pressure and temperate results in a higher generating efficiency, leading to lower fuel consumption and less green house gas emission.

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