Indonesia - Bali 50MW Solar Power Plant

Indonesian state-owned PLN power company has launched a tender for 2X25 MW of solar power to be located in Bali. 

FiT is capped at $ 0.065 per kWh and it is 60% denominated in Indonesian rupiah, which means that the financing is likely largely rupiah denominated.

The company is seeking to install solar power in the east and west of the island. The project is expected to be commissioned in 2021 and gear up to 50 MW each by 2023.

This project is sourced from Inframation (https://www.inframationnews.com).