Our Business / Investment ProjectsPaiton Coal Thermal IPP Project
Paiton Coal Thermal IPP Project
In November 2005, Tokyo Electric Power Company (since renamed and referred to herein as “TEPCO”) acquired the shares in the project company (Paiton Energy) that operates Paiton I Project located on the eastern side of Java in Indonesia. Later in January 2006 acquired the shares in POMI , the company that maintains and operates the power plant.
In this project, TEPCO concluded a long-term power purchase agreement with Indonesia’s state-owned power company, PLN. Along with the expectation of stable revenue, we are utilizing the technology and expertise we have gained through our electricity business in operation and maintenance of power plants. In March 2012, an expansion project, Paiton III, began operations.
JERA succeeded to this project from TEPCO Fuel & Power in July 2016.
|Company name||Paiton Energy|
Paiton complex in Indonesia (approx. 150km southeast of Surabaya)
|Power generation method||
|Investors||JERA, Mitsui & Co., Nebras Power, Batu Hitam Perkasa|