PT Bhimasena Power Indonesia

PT Bhimasena Power Indonesia (BPI) is a joint venture company established by a consortium of three companies of Electric Power Development Co., Ltd. (J-Power), PT Adaro Power, and ITOCHU Corporation. BPI develops, constructs and operates Coal Fire Power Plant 2 x 1,000 MW in Batang Regency, Central Java Province (“Central Java CFPP”) which supplies electricity to PT PLN (Persero). Central Java CFPP is the first project infrastructure project in Indonesia that is implemented in Public-Private Partnership ("PPP") scheme, In addition, this project is also part of the Master Plan of Acceleration and Expansion in Indonesia Economy Development (“MP3EI”) 2011-2025. The project plays a notable role to facilitate infrastructure development and will fulfill a portion of the electricity needs growth. IPP Profile Location : Batang Regency, Central Java, Indonesia Type : Ultra-Super-Critical (USC) coal-fired power plant Capacity : 2,000 MW (2 x 1,000 MW) Fuel : Sub-bituminous-coal Scheme : BOOT (Build-Own-Operate-Transfer） Ownership : J-POWER: 34%, ADARO POWER: 34%, ITOCHU: 32% Total Investment : US$ 4 billion