State construction company Wijaya Karya has completed a Rp 500 billion ($57 million) diesel-fired power plant in Denpasar, Bali, with a total capacity of 50 megawatts.
The state firm, known as Wika, plans to sell its electricity to Indonesia Power, a unit of state utility provider Perusahaan Listrik Negara, it said in a statement on Sunday.
It will sell the electricity at Rp 446.14 per kilowatt hour.
Wika corporate secretary Natal Argawan said the plant’s completion marked the company’s first independent power-producing project. It has three diesel-powered plants on Bali, and it is also working on a $100 million project to build a 40 MW geothermal power plant in Sumedang, West Java, through its subsidiary, Wijaya Karya Jabar Power.
“We invested for the first time in diesel-fired power plants in Bali in a bid to support PLN and the government in supplying the electricity to Bali,” Wika president director Bintang Perbowo said in the statement.
Wika, which provided the project’s financing, conducted the engineering procurement and construction work, will transfer the plant’s operations to Indonesia Power in its ninth year under the build, operate and transfer scheme, it said.
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