Indonesia's largest combined-cycle gas turbine plant nabs $305m funding
The plant is expected to power 11 million Indonesian homes from 2021.
Jawa-1, Indonesia’s largest combined-cycle gas turbine (CCGT) power plant, has clinched $305m from the Asian Development Bank (ADB), an announcement revealed.
The project comprises a 1,760MW CCGT power plant and ancillary infrastructure in Cilamaya, Karawang, West Java. ADB’s financing package includes a direct loan of $185m and a parallel loan of $120m provided by the Leading Asia’s Private Infrastructure Fund (LEAP), which is administered by ADB.
Jawa-1 will be one of the first and largest projects in Indonesia using liquefied natural gas (LNG), demonstrating the government’s commitment to reduce dependency on coal and diesel fuel in favor of cleaner domestic energy sources such as natural gas.
The CCGT power plant will supply energy to PT. Perusahaan Listrik Negara (PLN). The project is expected to help Indonesia avoid 1.77 million tons of carbon dioxide emissions.
Jawa-1 is expected to power 11 million Indonesian households from 2021, supporting the country’s 100% electrification target by 2024. The project will create about 4,800 jobs during construction and 125 jobs when the plant is operational.
“It will also offer opportunities to improve women’s livelihoods through targets for women’s employment and training on livelihood and skills development,” ADB noted.