Indonesian aims to built Mentarang Hydroelectric Power Plant, in North Kalimantan, with total costs US$2 billion starting 2020, said Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan. The decision has been taken in a coordination meeting with state-owned power producer, PT Perusahaan Listrik Negara (PLN) and Energy and Mineral Resources Ministry (ESDM) on Friday (July 26).

He expects that the project preparation must be completed this year. He added that Hydroelectric Power Plant project involved Malaysian company Sarawak Energy and State-owned mining holding, PT Indonesia Asahan Aluminium. The capacity of the hydroelectric power plant will be 1,350 megawatts (MW).

In addition, the director of strategic procurement at PLN, Sripeni Inten Cahyani, explained that the Commercial Operation Date of the plant will be processed six years from now. This Hydropower Project will be used to contribute to the electricity supply of the Tanah Kuning International Industrial and Port Area, Bulungan Regency, and to increase national energy security.