PICKUP PROJECT
02
Rajamandala Hydropower Project
Capacity
47MW
Participation
February. 2012
Equity participation
49%
(Equivalent to 23MW)
The Rajamandala hydropower plant is a run of river power station with a total output of 47 MW. It was constructed on the Citarum River located on Java Island in the Republic of Indonesia. This plant uses the river water released from a hydropower station located upstream on the Citarum River. The Rajamandala hydropower is a BOT (*) project which sells its generated electricity to Indonesian state-owned power company, PLN, for 30 years.
*) BOT: a form of project financing, wherein a private entity receives a concession from the private or public sector to finance, design, construct, own, and operate a facility stated in the concession agreement.
The initial proposal for this project was developed by one of Kansai's hydropower experts.
The project can trace back to its origin as many as 17 years ago when Kansai Electric Power found out a potential site during a local investigation in 2002. The site investigation was carried out by a group of hydropower engineers composed of Kansai Electric Power and its subsidiary called NEWJEC. On that day, they were investigating the Saguling Power Plant on the Citarum River which NEWJEC had been involved in its design. One of the participants of Kansai Electric Power was convinced on that point that the lower stream of the Saguling Power Plant should be well-suitable for constructing a hydropower plant. Upon his return to Osaka, the engineer proposed a feasibility study of a hydropower project on the Citarum River. This is when the Rajamandala hydropower project began.
Kansai Electric Power initiated the feasibility study in March 2002 and obtained an exclusive development right of the future Rajamandala hydropower project in September 2007.
In February 2012, Kansai Electric Power and PT Indonesia Power ("IP") jointly established PT. Rajamandala Electric Power (REP) which is a special purpose company for the plant. After concluding a power purchase agreement in August 2013, REP obtained permits and authorizations for the acquisition of land, right to use a river, and lease of forests. In August 2014, the company commenced preparatory works such as building an access road for the construction site, and proceeded to the construction of the power plant in October 2014.
REP started commercial operation of the Rajamandala Hydropower Plant in May 2019.
Our goal is to contribute to the economic growth of the Republic of Indonesia through supply of low-cost and low-carbon electricity stably while earning profits from the long-term power sales to PLN.
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Participation
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Equity portion
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Participation
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Finland Alajärvi Onshore Wind Farm Project
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Equity portion
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Equity portion
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Norway GoliatVIND Floating Offshore Wind Project
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Participation
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Equity portion
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