Peusangan IV is a 120MW hydro power project. It is planned in Aceh, Indonesia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2029 and is expected to enter into commercial operation in 2032. Buy the profile here.
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Description
The project is being developed and currently owned by Hyundai Engineering & Construction, Korea South-East Power and PT Wijaya Karya (Persero). The company's ownership stake in the project stands as 30%, 25% and 25% respectively.
Peusangan IV is a run-of-river project.
Development status
The project construction is expected to commence from 2029. Subsequent to that it will enter into commercial operation by 2032.
Power purchase agreement
The power generated from the project will be sold to PT PLN (Persero) under a power purchase agreement.
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Contractors involved
Hyundai Engineering & Construction and PT Wijaya Karya (Persero) are expected to render engineering procurement construction services for the hydro power project.
Korea South-East Power and PT Wijaya Karya (Persero) are expected to be contracted for rendering of operations & maintenance services for the project.
For more details on Peusangan IV, buy the profile here.
About Hyundai Engineering & Construction
Hyundai Engineering & Construction Co Ltd (Hyundai E&C) is an engineering and construction contracting company. It provides civil and construction works for roads, bridges, harbors, highways, and railways. Hyundai E&C also develops residential and commercial properties. The company executes construction projects for nuclear power plants, power generation and industrial plants, and oil, gas, and petrochemical plants. Hyundai E&C offers services across the total value chain of a project including design, finance, planning, marketing, and procurement. The company has an operational presence in several countries across Asia, Africa, the Middle East, Europe and the Americas. Hyundai E&C is headquartered in Seoul, South Korea.
About Korea South-East Power
Korea South-East Power Co Ltd (KOSEP), a subsidiary of Korea Electric Power Corp, is an electric utility. It produces and sells electricity in domestic and international markets. The company develops electric power resources; and generates electricity using coal, gas, steam, hydro, solar and other sources. KOSEP trades electricity through Korea Power Exchange to KEPCO as its trading partner. The company operates various thermal power plants, combined cycle power plants, internal combustion, hydro, solar and other renewable energy plants. KOSEP is headquartered in Jinju-si, Republic of Korea (South Korea).
About PT Wijaya Karya (Persero)
PT Wijaya Karya (Persero) Tbk (WIKA) is an integrated construction company. Its portfolio of services includes civil construction, building construction, steel construction, real estate development and property management. It also carries out engineering, procurement, and construction (EPC), and operation and maintenance of energy plants; steel fabrication and aluminum casting; and invests in energy, water, and transport infrastructure projects. The company also produces and supplies prefabricated concrete and granular and extraction asphalt. The company offers these services for offices, residential buildings, hospitals, airports, roads and bridges, seaports, dams, petrochemical, mining, cement, power, and oil and gas projects. WIKA is headquartered in Jakarta, Jakarta Barat, Indonesia.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
