"UPCI/PT Binatek – Samas Beach Wind Farm 50 MW – Java - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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UPC Renewables Indonesia (UPCI) and PT Binatek Reka Energi (PT Binatek), are jointly undertaking the construction of a 50MW wind farm project in Java, Indonesia.
The project involves the construction of a 50MW wind farm comprises 33 wind turbines.
The project will include the construction of a substation, a powerhouse, access roads and other related facilities, the installation of wind turbines, electric feeder system, converters, power controlling systems and safety systems, and the laying of transmission lines.
In July 2012, UPC Renewables Indonesia and PT Binatek Reka Energi has signed HOA (Head of Agreements) with Indonesian Utility PT Perusahaan Listrik Negara (PLN) for the Power Purchase Agreement (PPA) for electricity produced by the plant.
UPC Renewables has offered 30 years PPA at a rate of US$0.131 per kWh for the first 20 years and US$0.076 beyond that.
On May 4, 2015, following the completion of the feasibility study, a Power Purchase Agreement (PPA) was signed with PT PLN (Persero). However, due to permitting and land acquisition complications the project was unable to meet the PPA’s financial close deadline of May 4, 2017. Therefore, following mutual agreement, PT PLN (Persero) terminated the PPA on June 8, 2017.
Planning activities are underway.
The project involves the construction of a 50MW wind farm in Bantul, Yogyakarta, Java, Indonesia.
The US$100 million project includes the following: