- The World Bank will provide $380m for a pumped-storage power plant in Indonesia.
- The plant will have a total capacity of 1.1GW.
- The plant is expected to cost $880m.
The World Bank is set to award a $380 million loan to Indonesia’s Ministry of Energy and Mineral Resources to construct the 1,040 MW Upper Cisokan Pumped Storage Power Plant. The plant is expected to cost $800 million and will be cited 40km west of Bandung in West Java, covering an area that spans two water reservoirs in West Bandung regency and Cianjur regency.
The plant is being developed by state-owned utility PT PLN (Persero). The facility will comprise four turbine units with a capacity of 260MW each. The facility’s total pump capacity will be 1.1GW and will be provided by an underground power plant. The plant will generate power for 6.5 hours daily while the pump duration at maximum input will be 8.5 hours.
According to the World Bank; “the facility will have significant power generation capacity to meet peak demand, provide significant storage capacity to enable a larger penetration of renewable energ[y and, because of its close location to two large demand centres, will alleviate increasing transmission loads on the grid.” The Bank notes that this presents a more environmentally friendly and reliable supply of electricity which will benefit consumers in Java and Bali