Central Java 2000MW Coal-Fired Power Station

Overview:

• The Central Java Coal-Fired Power Station will be a 2000MW plant in Central Java and is Indonesia's first ultra-supercritical coal-fired power plant, one of the largest in Asia, and also one of the largest IPPs in Asia.
• Japan Bank of International Corporation (JBIC) alone contributed over $2 billion of the $3.4 billion loan, while the other lenders included the Bank of Tokyo-Mitsubishi UFJ, Mizuho Bank, Sumitomo Mitsubishi Banking Corporation, DBS Bank, Oversea-Chinese Banking Corporation, Sumitomo Mitsui Trust Bank, Mitsubishi UFJ Trust and Banking Corporation, Shinsei Bank, and Norinchukin Bank.
• Bhimasena Power Indonesia (BPI) is the builder and operator of the coal power project and the company is a joint venture established by Adaro Energy, Itochu and Electric Power Development  (J-Power).

Wai Yee Tsang - Journalist - Asia Pacific