Coal-fired power project kicks off

China Daily (Canada) - - VIEWS - By ZHENG XIN and ZOU SHUO

The first coal-fired power project led by a Chi­nese pri­vate com­pany kicked off con­struc­tion on Mon­day in In­done­sia’s West Kal­i­man­tan prov­ince.

Kal­bar-1 power sta­tion, a co­op­er­a­tion project be­tween In­done­sia Power, a sub­sidiary of In­done­sian power util­ity Perusa­haan Listrik Ne­gara and China’s Suzhou-based pri­vate com­pany Golden Concord Hold­ings Ltd, is ex­pected to reach an in­stalled ca­pac­ity of 200 megawatts when put into op­er­a­tion in 2020, GCL said on Wed­nes­day.

GCL is the first pri­vate Chi­nese com­pany to sign a pow­er­pur­chase agree­ment with In­done­sia, which is plagued by en­demic elec­tric­ity short­ages.

An­a­lysts said China and In­done­sia are highly com­ple­men­tary and with many Chi­nese de­scen­dants in In­done­sia, it is rel­a­tively easy for Chi­nese en­ter­prises to in­vest in the coun­try.

“As an im­por­tant in­fra­struc­ture project, Kal­bar-1 not only will of­fer much-needed elec­tric­ity to In­done­sia, but also can cre­ate more jobs and gen­er­ate more tax rev­enue,” said Han Xiaop­ing, chief in­for­ma­tion of­fi­cer of China En­ergy Net Con­sult­ing Co Ltd.

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