PROJECT

Projects

Summary of Investment Information

Project Number

40507

Company Name

BAJRADAYA SENTRANUSA, PT

Date SPI Disclosed

Apr 25, 2018

Country

Indonesia

Region

East Asia and the Pacific

Projected Board Date

May 25, 2018

Environmental Category

B - Limited

Status

Active

Last Updated Date

Jan 13, 2022

Department

Regional Industry - INF Asia & Pac

Industry

Infrastructure

Previous Events

Approved : Apr 3, 2019
Signed : Mar 10, 2020
Invested : Jan 4, 2022

Sector

Large Hydro - Renewable Energy Generation

Project Description

Asahan 1 is a 180 MW run-of-river hydroelectric power plant located in Indonesia’s North Sumatera Province at the upstream reach of the Asahan River. The plant has been operational since January 2011 and sells electricity to PLN, Indonesia’s national electricity utility, pursuant to a long-term PPA expiring on December 31, 2040. The contract stipulates an annual take-or-pay-energy level of 1,175 GWh. Asahan 1 is owned by BDSN, an Independent Power Producer whose principal shareholders are Fareast Green Energy Pte. Ltd. and PT Pembangkitan Jawa Bali (PJB), a subsidiary of PLN, respectively.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation